The US plans to impose tariffs of 39% on Swiss imports as of August 7, the White House said on the night of Thursday-Friday – a rate even higher than the 31% announced by Trump in April. The tariff hike also deviates “significantly” from the draft of a joint declaration of intent which had been the result of intensive discussions between both sides in recent months, according to the Swiss government, which approved the draft on July 4. As such, a spokesman for the finance ministry spoke on Friday of “great regret” that the US intends to impose steep unilateral...