US EditionSwiss Shock - Can Switzerland Reverse The 39% Tariff?
SWITZERLAND, AUG 7 – Swiss business groups warn tens of thousands of jobs are at risk from the 39% US tariff targeting key exports like cheese and watches, officials said.
- On August 6, 2025, Karin Keller-Sutter, Switzerland’s president, ended her visit to Washington without securing an agreement to repeal the 39% tariff imposed on Swiss goods exported to the United States.
- The 39% tariff, announced last week and set to take effect August 7, follows an earlier 31% rate from April amid US efforts to reorder global trade.
- Switzerland’s exports of watches, chocolate, and specialized industrial goods face major challenges, with Swiss cheese producers expecting steep sales drops in the US.
- Anthony Margot, whose family has been involved in cheese maturation for five generations, referred to the tariffs as substantial, while the Swiss Market Index fell by 1% on August 6 amid concerns over these duties.
- The Swiss government intends to keep negotiations with Washington ongoing and is not considering retaliatory actions, while Swiss business groups caution that implementing the 39 percent tariffs could jeopardize employment for many workers.
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17 Articles
17 Articles
As of today, US tariffs of 39 percent apply in Switzerland. Karin Keller-Sutter had travelled to the USA – unsuccessfully. Federal President and Minister for Economic Affairs Guy Parmelin commented on the developments.
·Germany
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A delegation of the Federal Council returns to Switzerland without an agreement with Donald Trump. For the time being, tariffs of 39 percent can hardly be averted.
·Zürich, Switzerland
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Coverage Details
Total News Sources17
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
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