Swiss stock investors are bracing for Monday’s market reopening after US President Donald Trump slapped a punitive 39% export tariff on the country, among the highest in the world.

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The Trump administration jolted Switzerland with punitive new tariffs. Few seemed to be more taken aback than buyers and sellers of Swiss watches.

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Most Swiss parties are critical of the 39% tariffs imposed by Donald Trump but are divided on the potential solutions.

US President Donald Trump has justified the 39% tariff rate imposed on Switzerland with reference to the “huge” trade deficit with the country.

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Shares of Watches of Switzerland Group Plc fell as much as 7.3% after US President Donald Trump imposed a 39% tariff on ...

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US and Asian equity-index futures fell as tariff headlines filtered through, while solid earnings from megacap tech firms ...