GENEVA: Switzerland will maintain a unprecedented assembly on Thursday (Aug 7) after prime officers did not persuade the federal government of US President Donald Trump in Washington to not impose 39 per cent tariffs on Swiss goods.
The speed is without doubt one of the highest imposed on nations buying and selling with the US and jeopardises whole sectors of the export-heavy Swiss economic system, notably watchmaking and industrial equipment, but in addition chocolate and cheese.
“Tariffs: After its delegation returns from the USA, the Federal Council will maintain a unprecedented assembly within the early afternoon. A press release will observe after the assembly,” the federal government posted on X.
Swiss President Karin Keller-Sutter and Financial system Minister Man Parmelin had gone to the US however had been solely in a position to meet US Secretary of State Marco Rubio and never Trump.
After the meeting on Wednesday, Keller-Sutter spoke solely of “a really pleasant and open change on frequent points”.
