President Karin Keller-Sutter and top officials from Switzerland traveled to Washington to negotiate with the Trump administration over high U.S. tariffs on Swiss goods. A new 39% tariff will begin shortly, significantly impacting exports like chocolates, machinery, and watchmaking. This rate is much higher than those for the EU and British goods. The Swiss government aims to improve the tariff situation following a surprise announcement that took many business leaders aback. Critics have questioned a previous conversation Keller-Sutter had with Trump, who cited a trade imbalance with Switzerland during their exchange.
President Karin Keller-Sutter is leading a delegation to Washington to negotiate U.S. tariffs that are set to greatly affect Swiss industries like chocolates, machinery, and watchmaking.
Tariffs on Swiss goods will increase to a staggering 39% starting Thursday, far exceeding the tariffs on European Union and British exports, causing alarm among Swiss business leaders.
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