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.

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.

The Swiss government said it had “no indication” the country would be hit with a 39 percent tariff, which is set to take effect this week.