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Switzerland Has Suspended Tariffs On Imported Textile Raw Materials And Semi-Finished Products Since July 1St.
Swiss Confederation government website on May 1st, the Swiss Confederation Committee approved the suspension of tariffs on imported textile raw materials and semi finished products since July 1st. Swiss annual tariff revenue is expected to be reduced by 3 million Swiss francs. The tax cut policy will have a positive impact on the whole economy of Switzerland.
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