Swiss Reel From 'Horror Scenario' After US Tariff Blow
- Switzerland's government is meeting after President Donald Trump imposed a 39-percent tariff, creating fears of job loss in the country.
- Swissmem stated that the tariff could lead to the 'de facto death' of the Swiss tech industry's export business to the USA.
- Economiesuisse warned that the tariffs could put thousands of jobs at serious risk and called for further talks.
- Trump justified the tariffs by citing Switzerland's substantial trade surplus with the United States.
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60 Articles
Washington’s 'Horror' Tariff Prompts Swiss Response
The Swiss government said Thursday it would pursue more talks with the United States after a last-gasp mission to Washington failed to stop a 39% tariff blow that businesses described as a “horror scenario.” The government held an emergency meeting after President Karin Keller-Sutter and Economy Minister Guy Parmelin returned home from their trip empty-handed, but it does not plan to retaliate for now. Keller-Sutter said in a press conference th…
The US imposes fines on 60 percent of Swiss exports and plunges the country into a crisis. After the resultless negotiations in Washington, the government declares itself and wants to help affected companies.
Astonished in Switzerland: 39 percent tariffs from the USA and no prospect of change. The economy speaks of a "horror scenario".

Swiss reel from 'horror scenario' after US tariff blow
Switzerland scrambled for answers Thursday after a last-gasp government mission to Washington failed to stop a 39-percent tariff blow from President Donald Trump, sparking job fears in what businesses called a "horror scenario".
Swiss reel from ‘horror scenario’ after US tariff blow
Switzerland scrambled for answers Thursday after a last-gasp government mission to Washington failed to stop a 39-percent tariff blow from President Donald Trump, sparking job fears in what businesses called a "horror scenario". The government was due to hold an emergency meeting after President Karin Keller-Sutter and Economy Minister Guy Parmelin returned home from their
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