Thomas Borker, the former Swiss diplomat, proposed to transfer some of its gold processing capacities to America. However, local companies did not support this idea. According to NZZ, the Swiss producers recently exported large amounts of gold in the US, causing Washington’s discontent and has become one of the reasons for the appointment of 39% tasks for many Swiss goods.
In Switzerland, measures were discussed to limit gold exports or the introduction of additional taxes on the export of precious metals. Industry rejected these suggestions by saying that they could harm the enterprise.
Producers and sellers of precious metals, the Union of the United States of the United States, the production transfer will “have a limited impact,” he said. In addition, companies emphasized that Switzerland has made a gold medal and that it is an important quality sign that may suffer while factories are moving abroad.
Source: Ferra
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