The two-minute video isn’t subtle. Wielding a medieval halberd, the president of the conservative Swiss People’s Party lays out the choice Switzerland faces: a simpler life that the country’s founders spelled out in a one-page declaration more than 700 years ago or a 2,

Punitive tariffs threatened by U.S. President Donald Trump have caused an uproar in Switzerland. How important are U.S. exports to the economy? And is the country suddenly on the edge of an economic crisis?

President Trump’s 39% tariff on Swiss goods sparks urgent negotiations as Switzerland faces major economic risks and rising prices on luxury and consumer products.