‘Knives out’: Switzerland descends into blame game after US tariff shock 

President Karin Keller-Sutter is under fire for failed trade talks with Trump administration. A blame game has erupted in Switzerland after the US announced an unexpected 39% tariff rate on the Alpine country on its national day. Swiss President Karin Keller-Sutter is accused of grossly miscalculating the trade deal she thought she was able to secure with the Trump administration. Other critics are rounding on the country’s vast pharmaceutical industry for having sparked the ire of the US president. “It’s knives out,” a former Swiss diplomat said. Late on Thursday, Keller-Sutter held a “disastrous” phone call with Donald Trump, according to multiple people familiar with the situation. The 30-minute conversation capped more than three months and hundreds of hours of negotiations in which Swiss officials believed they were on track for securing a deal similar to the UK — a 10% tariff rate. Instead, Trump announced a 39%, one of the highest in the world — on Friday, when Switzerland ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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