Swiss Federal Council Convenes to Address Tariff Crisis
The Swiss Federal Council is scheduled for an extraordinary session Thursday afternoon. This meeting follows a delegation's return from the U.S., where they attempted to avoid a 39% tariff imposition, as announced by the government on X.
Switzerland's Federal Council is set to hold an extraordinary meeting on Thursday afternoon, prompted by significant developments in international trade. Government representatives recently returned from the United States, where they sought to prevent imposition of a steep 39% tariff.
The government communicated the urgency of the situation through an announcement on X, underscoring the potential economic impact of the tariffs. This meeting could shape the nation's economic strategies moving forward.
Anticipation surrounds the Council's decisions, with stakes high for Switzerland's trading relationships and economic stability.
(With inputs from agencies.)
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