The Trump administration has imposed a 39% tariff on Swiss exports, the sixth-highest among any country. The high tax came as a "surprise to the European country" given that a "trade agreement had seemingly been imminent," said CNBC. While Switzerland has remained mostly neutral in recent American affairs, Trump has long railed against the country.

Since April 2, or “Liberation Day,” as the White House now calls it, Donald Trump has invoked emergency legal powers to unilaterally impose tariffs on major exporters to the United States, bypassing Congress entirely.

Looking for a textbook example of the uncertainty Trump has created with his global trade war – abetted by wars in Ukraine and Gaza – look no further than Switzerland.