On the recordAugust 15, 2025
[T]he problem with Switzerland is that we have a $40 billion [CHF32.16 billion] deficit. I spoke yesterday to Switzerland, but we have a $40 billion deficit […] That’s a big deficit.
Donald Trump: “[T]he problem with Switzerland is that we have a $40 billion [CHF32.16 billion] deficit. I spoke yesterday to…”
Editor's note · Context
Trump explains the rationale behind the high tariffs on Swiss exports.
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