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Swiss businesses shocked by 39% tariffs

The US tariff deadline has finally arrived, along with some surprise announcements. We get the reaction from Switzerland, Lesotho and Taiwan.

After months of intensive negotiations, the US tariff deadline has finally arrived. Unable to reach a deal at the final hour, Switzerland is reeling from 39% tariffs. We look at how this will affect Swiss businesses, and if it’s likely to stick.

Elsewhere, we get the reaction from two other countries that were able to strike a deal - Taiwan and Lesotho.

And the 78th Edinburgh Festival Fringe gets under way, with millions of visitors.

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27 minutes

Broadcast

  • Fri 1 Aug 202514:32GMT