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Gold will not be subject to tariffs, says Trump
2025-08-12
‘Gold will not be subject to tariffs,’ American President Donald Trump wrote on the social network Truth Social on Monday. Last week, it was unclear whether the new tariffs would also be imposed on gold bars from Switzerland. Trump himself weighed in on the issue of gold tariffs after confusion and panic triggered by the …
Swiss government working with firms to overcome high US tariffs
2025-08-10
The Swiss delegation that travelled to Washington has returned from talks on tariffs in the United States. The negotiations are now being conducted under the aegis of the government and the federal administration. “The federal administration has very close and regular contacts with the Swiss economy at all levels. Such cooperation has always been a …
WTO improves its world trade forecast thanks to Trump’s tariffs
2025-08-09
The World Trade Organisation (WTO) expects world trade to grow by 0.9% this year, better than expected in April. US imports surged in the first quarter as a result of Donald Trump’s tariff announcements. Imports to the US rose by 11% in the first half of the year compared with the same period last year, …
Swatch CEO expects spike in demand due to US tariffs
2025-08-06
Nick Hayek called the 39% tariff imposed by the US on Switzerland as “arbitrary” and “unjustified”. However, he said that these tariffs will boost the watch group’s business. “I am convinced that Donald Trump wants to reach an agreement and show it to his voters in the United States. I am confident that the 39% …
Swiss president to meet Marco Rubio for tariff talks
2025-08-06
Karin Keller-Sutter will be received by US Secretary of State Marco Rubio in Washington on Wednesday afternoon. The meeting is scheduled for 4:15pm Swiss time (10:15am local time), according to the US State Department on its website and is not open to the press. Keller-Sutter and Economics Minister Guy Parmelin arrived in Washington on Tuesday …
‘Knives out’: Switzerland descends into blame game after US tariff shock
2025-08-04
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 …
Beyond tariffs: how Switzerland turned trade talks into climate action with Mercosur
2025-07-18
The Mercosur trade agreement recently signed by Switzerland includes commitments on environmental impact. These come on the back of increasing public scrutiny of free trade deals. After eight years of talks, the deal between Mercosur and the EFTA countries was finalised this month. It eliminates tariffs on industrial products, food, and agricultural goods, including Swiss …
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