GENEVA: Switzerland will maintain a unprecedented assembly on Thursday (Aug 7) after high officers did not persuade the federal government of US President Donald Trump in Washington to not impose 39 per cent tariffs on Swiss goods.
The speed is without doubt one of the highest imposed on nations buying and selling with the USA and jeopardises total sectors of the export-heavy Swiss financial system, notably watchmaking and industrial equipment, but additionally chocolate and cheese.
“Tariffs: After its delegation returns from the USA, the Federal Council will maintain a unprecedented assembly within the early afternoon. An announcement will observe after the assembly,” the federal government posted on X.
Swiss President Karin Keller-Sutter and Economic system Minister Man Parmelin had gone to the USA however have been solely capable of meet US Secretary of State Marco Rubio and never Trump.
After the meeting on Wednesday, Keller-Sutter spoke solely of “a really pleasant and open change on widespread points”.
