Switzerland’s tariff shock: The 39% U.S. hit no one saw coming
The duty would be a “devastating” blow to the export-reliant Swiss economy and businesses, analysts say. This article was originally
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Economy
Trump modifies tariff rates ahead of deadline, levies 40% duties on all transshipped goods
File photo Brandon Bell | Getty Images U.S. President Donald Trump signed an executive order Thursday that modified “reciprocal” tariffs
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Euro zone inflation holds steady at higher-than-expected 2% in July
A customer stands in front of a fruit and vegetable stall at an open-air market in Paris on July 15,
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German inflation dips to cooler-than-expected 1.8% in July
Rhineland-Palatinate, Mainz: Fruit is sold at the weekly market. Andreas Arnold/dpa | Picture Alliance | Getty Images German inflation fell
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Private company hiring bounced back with a 104,000 increase in July, ADP says
Hiring at private companies rebounded at a stronger-than-expected pace in July, indicating the labor market is holding its ground, ADP
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U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs
The U.S. economy grew at a much stronger-than-expected pace in the second quarter, powered by a turnaround in the trade
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Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds
DeWalt power tools are displayed at a Home Depot on May 2, 2025 in New York City. Michael M. Santiago
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Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Sina Schuldt/picture alliance via Getty Images) The euro
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The Fed is unlikely to cut rates, but this week’s meeting is packed with intrigue
U.S. Federal Reserve Chair Jerome Powell attends the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks Conference,
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The EU-U.S. trade deal could have one unexpected winner: The UK
Keir Starmer, UK prime minister, left, and US President Donald Trump, ahead of their meeting at the Trump Turnberry golf
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