Guy Parmelin has expressed his discontent over steel tariffs recently approved by the European Union. Parmelin, who is also economics minister, called the tariffs "unacceptable" in an interview with Swiss public radio SRF on Saturday. Parmelin said he had warned European Commission President Ursula von der Leyen of a possible "own goal". Since Switzerland is strongly integrated in steel supply chains, e.g. in the aerospace sector, he said these tariffs could prove counterproductive. +Get the most important news from Switzerland in your inbox The EU plans to introduce new measures to defend its steel sector from July 1. These include, among other things, a reduction of duty-free import quotas by about half compared to what has been planned so far, including for Swiss producers. The Swiss government and the European Commission are expected to negotiate new quotas within the framework of the World Trade Organisation. Dissatisfaction with cross-border workers regulations Parmelin also ...
Full story here
Are you the author?
Previous post
See more for
Next post
Tags: Featured,newsletter
Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › Swiss president labels EU steel tariffs as counterproductive
Previous post
Next post
Swiss president labels EU steel tariffs as counterproductive
Published on May 17, 2026
Permanent link to this article: https://snbchf.com/2026/05/swiss-president-labels-eu-steel-tariffs-counterproductive/
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: increased by 3.8 billion francs compared to the previous week
15 days ago -
Household wealth in 2025
23 days ago -
Heads up for NZD and CHF traders, RBNZ Gov Breman and SNB Chair Schlegel to speak
2026-04-15 -
Swiss franc appreciation has led to tighter monetary conditions – SNB minutes
2026-04-16 -
SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
2026-01-21
Main SNB Background Info
-
SNB Sight Deposits: increased by 3.8 billion francs compared to the previous week
15 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
A Rothbardian Case Against Bad Data Center Policy
-
The Minerals Consortium Will Result in Malinvestment
-
Beyond the Balance Sheet: How Bad Are Things at the Fed?
-
NO CAER EN LA TRAMPA DE LA SUPERIORIDAD MORAL Y DEL VICTIMISMO -
Markets Wait -
The AI Economy: Looking Beyond The Facade Part 1 -
Pipelines Are Defusing Iran’s Negotiating Leverage -
„Die Bürger verlieren den Rückhalt“ – Harte Kritik am Asylsystem -
Scott Horton: Why US foreign policy backfires
-
The Economic Problem Behind Zohran Mamdani’s Government Grocery Plan
More from this category
- A Rothbardian Case Against Bad Data Center Policy
20 May 2026
- The Minerals Consortium Will Result in Malinvestment
20 May 2026
- Beyond the Balance Sheet: How Bad Are Things at the Fed?
20 May 2026
Markets Wait20 May 2026
The AI Economy: Looking Beyond The Facade Part 120 May 2026
Pipelines Are Defusing Iran’s Negotiating Leverage20 May 2026
- Scott Horton: Why US foreign policy backfires
20 May 2026
- The Economic Problem Behind Zohran Mamdani’s Government Grocery Plan
20 May 2026
- The Minerals Consortium Will Result in Malinvestment
19 May 2026
EU lawmakers adopt stricter steel tariffs19 May 2026
- Price Inflation Accelerates as Wars and Deficits Expand
19 May 2026
- When a Society Chooses Freedom in an Unfree World
19 May 2026
Swiss financial fraud cases rose in 202519 May 2026
Swiss air traffic controller Skyguide to cut up to 220 jobs19 May 2026
Global energy turmoil: how resilient is Switzerland?19 May 2026
- Review: Moonshots and the New Industrial Policy
19 May 2026
Swiss mobility habits react to rising fuel prices19 May 2026
- Massie Defeated in Kentucky Primary
19 May 2026
- Conservative Populism: Doing the Same Thing Over and Over, and Expecting Different Results
19 May 2026
Asia and Europe were More Skeptical about Developments in the Strait of Hormuz than the US19 May 2026














