Swiss Economics Minister 'Ready To Discuss' With US On Tariffs

2025-03-23 08:02:37

(MENAFN- Swissinfo) Switzerland has highlighted the country's contribution to the US economy as it seeks to avoid tariffs imposed by President Donald Trump, Swiss economics minister Guy Parmelin has said. This content was published on March 23, 2025 - 11:47 2 minutes Reuters

+ Get the most important news from Switzerland in your inbox

A delegation visited Washington last week after Switzerland was put on a list of countries being examined for unfair trade practices.

Parmelin said it was difficult to say whether Switzerland would avoid US reciprocal tariffs, which are expected to take effect on April 2, although Swiss officials had explained the country's position.

“We have signalled we are ready to discuss and to show we have benefits for the US,” Parmelin told Swiss public radio, SRF, on Saturday.

“We have abolished industrial tariffs. That means almost 99% of goods from the U.S. that come to Switzerland do so without customs duties. Probably other countries don't have that.”

More More US blacklists Switzerland for“unfair trade”

This content was published on Mar 9, 2025 The United States has placed Switzerland on a list of countries with“unfair trade practices”.

Read more: US blacklists Switzerland for“unfair trade

MENAFN23032025000210011054ID1109346388

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.