2025-08-07 18:19
publication
2025-08-07 18:19
The Swiss government said on Thursday that it did not consider the introduction of retaliation duties on goods imported from the USA. After the entry into force of 39 % American duties to Swiss goods, the government in Bern announced support for companies and attempts to continue negotiating with the USA, “Reuters said.
After the failure of the talks of the Swiss delegation with the US administration, the government in Bern gathered on Thursday afternoon at an extraordinary meeting.
After the meeting, the president of the country Karin Keller-Sutter announced that Switzerland would continue to talk to the United States. As she emphasized, for those affected by sectors, companies and their employees this is an extremely difficult situation.
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Damien Cottier, chairman of the Swiss-American parliamentary group, noticed that the position of US President Donald Trump may change. “We must continue negotiations and present our arguments that are convincing,” said Cottier, quoted by the Reuters agency.
The Swiss Association of the Swissm technology industry described the situation as a “black script”. “If these horrendous duties remain in force, the export of the Swiss technology industry to the US will be practically dead, especially in the face of much lower duties for competition from the EU and Japan” – emphasized entrepreneurs in their statement on Platform X.
On Thursday, a minute after midnight of Eastern American time, new rates of American duties for 70 countries of the world and the EU came into force. Swiss goods are covered by a rate of 39 percent. – One of the highest.
The Switzerland based on the exports in 2024 had a trade surplus from the US in the amount of $ 48 billion in 2024. The United States is the largest foreign market for Swiss companies, responsible for 17 percent. export. Switzerland is also the sixth largest foreign investor in the USA. (PAP)
IPA/ AP/
