The US president imposed tariffs nearly four times higher than what Switzerland had expected
Swiss President Karin Keller-Sutter is facing backlash after trade talks with Washington collapsed following a “disastrous” phone call with US President Donald Trump, the Financial Times has reported, citing sources familiar with the matter.
Trump announced a 39% levy – one of the highest globally – on Swiss goods on Friday, coinciding with Switzerland’s national day.
According to an FT report published on Sunday, Swiss negotiators believed they had secured a provisional deal for a 10% tariff, similar to the UK’s arrangement. In exchange, Bern pledged…
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