Democratic-led states and U.S. businesses challenging tariffs in court argue that IEEPA does not cover tariffs, and that Congress has authority over tariffs and taxes.

U.S. President Donald Trump unleashed a 39% tariff on most Swiss-made products last week, which will come into effect on Thursday. The country - known for its luxury timepieces, chocolate and secretive banks - is racing to gain a reprieve.

Karin Keller-Sutter accused of mishandling talks as shares dive after Switzerland hit with 39% tariff

The Swiss government said it is determined to win over the US on trade after last week’s shock announcement of 39% tariffs on exports to America. President and Finance Minister Karin Keller-Sutter convened an emergency meeting of the governing Federal Council today to discuss how to proceed — there aren’t many options,

President Donald Trump’s next wave of tariffs will soon go into effect Thursday, likely driving up costs on a slew of household goods. These tariffs are slated to affect imports from more than 60 countries,

Donald Trump, on August 1, signed a new executive order slapping higher tariffs on dozens of countries - hours before the trade deal deadline.