Swiss-US Trade Tensions Rise: Switzerland Responds

Switzerland's foreign minister, Ignazio Cassis, expressed regret over the U.S.'s new 39% tariff on Swiss imports but remains committed to negotiating a beneficial agreement for both nations.


Devdiscourse News Desk | Geneva | Updated: 01-08-2025 15:59 IST | Created: 01-08-2025 15:59 IST
Swiss-US Trade Tensions Rise: Switzerland Responds
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  • Switzerland

In a bid to address escalating trade tensions, Switzerland's foreign minister, Ignazio Cassis, reiterated commitment to reaching an agreement with the United States. This comes after the White House announced a significant increase in tariffs on Swiss imports, rising to 39%.

Speaking at a Swiss National Day event, Cassis expressed regret over President Donald Trump's new tariff decision. He emphasized that despite the setback, Switzerland remains undeterred in its efforts to seek an amicable resolution.

Negotiations aim to benefit both nations, fostering a mutually advantageous trade relationship. Cassis's statements reflect Switzerland's continued dedication to diplomatic engagement amid rising economic tensions.

(With inputs from agencies.)

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