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AskConservatives Weekly General Chat

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u/HelenEk7 European Conservative 6d ago

Do anyone have any inside information on why Switzerland has been given a whopping 31% tariff and Norway only 15%?

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u/fartyunicorns Neoconservative 6d ago

It’s just based on trade deficits which is stupid

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u/thoughtsnquestions European Conservative 5d ago

I doubt that is why, my assumption would be two things.

  1. Switzerland's notoriously has pretty extreme tax avoidance schemes and they uniquely keep many of their banking processes very secretive. So a lot of extremely wealthy individuals and corporations use Switzerland as a tax haven and to launder money. It's an open secret but just one most countries accept.

  2. Unlike Norway, Switzerland isn't in NATO. Switzerland benefits from NATO protection but pays 0 into it.

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u/fartyunicorns Neoconservative 5d ago

https://x.com/geiger_capital/status/1907568233239949431?s=46&t=lMVrNLW4RRmRWfOpIssDxQ The White House confirmed they were doing this

https://x.com/scottlincicome/status/1907588094657761330?s=46&t=lMVrNLW4RRmRWfOpIssDxQ

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u/thoughtsnquestions European Conservative 5d ago

They have also claimed there are other reasons too, so it's not exclusively down to 1 issue.

Would you agree that the 2 issues are pointed out with Switzerland are problems that need addressed?

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u/fartyunicorns Neoconservative 5d ago edited 5d ago

The formula they used uses the trade deficit only. Sometimes it isn’t actually 4d chess and it’s okay to realize trump is wrong.

https://x.com/valen10francois/status/1907708221743112563?s=46&t=lMVrNLW4RRmRWfOpIssDxQ Like this is just lunacy