GENEVA: Switzerland will maintain a rare 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 among the highest imposed on nations buying and selling with the USA and jeopardises total sectors of the export-heavy Swiss economic system, notably watchmaking and industrial equipment, but in addition chocolate and cheese.
“Tariffs: After its delegation returns from the USA, the Federal Council will maintain a rare assembly within the early afternoon. An announcement will comply with after the assembly,” the federal government posted on X.
Swiss President Karin Keller-Sutter and Financial system Minister Man Parmelin had gone to the USA however had been solely in a position to 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 trade on frequent points”.
