• comrade_twisty@feddit.org
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        1 day ago

        We have a bunch of bilateral trade agreements with the EU - but as far as international trade is concerned we are not part of the single market at all.

        Which is why Trump imposed 39% import tariffs on Swiss goods, while EU goods are “only” tariffed 10%.

        When you cross the border from France, Austria, Italy or Germany into Switzerland you do not have to show a passport, but you have to declare all goods if you cross the 150 CHF threshold for personal imports.