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Switzerland’s president rushes to Washington in effort to avert steep US tariffs
GENEVA (AP) — Switzerland’s president and other top officials were traveling to Washington on Tuesday in a hastily arranged trip aimed at striking a deal with the Trump administration over steep U.S. tariffs that have cast a pall over Swiss industries like chocolates, machinery and watchmaking.
Swiss goods could soon be slapped with 39% tariffs — but Switzerland has further challenges to face when it comes to the Trump administration.
Skyrocketing tariffs threaten U.S. market for Swiss timepieces as brands, retailers, and collectors brace for impact.
Switzerland had negotiated early and swiftly. The deal it offered “was not so different from that of the European Union”, ...
The US trade deficit with Switzerland stood at 38.5 billion Swiss francs (S$61.7 billion) in 2024. Read more at ...
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Swiss President Karin Keller-Sutter will meet US Secretary of State Marco Rubio on Wednesday in a last-minute bid to ease a ...
39%? For Switzerland, this is a huge shock, and worse than the worst-case scenario – these are the highest tariffs in Europe.
Switzerland is home to some of the world's most famous watch, chocolate, pharmaceutical and precision instrument brands in ...
The tariffs, which come into effect on Thursday, are estimated to affect around 60% of Swiss exports to the United States, ...
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