Thursday 10 April 2025 03:59 GMT

Switzerland Holds Back On US Tariff Countermeasures


(MENAFN- Swissinfo) The Swiss government has decided against immediate countermeasures against high United States tariffs on Swiss goods. This content was published on April 3, 2025 - 16:15 2 minutes Keystone-SDA
  • Deutsch de Bundesrat verzichtet zurzeit auf Gegenmassnahmen zu US-Zöllen Original Read more: Bundesrat verzichtet zurzeit auf Gegenmassnahmen zu US-Zölle

+ Get the most important news from Switzerland in your inbox

Ramping up trade tensions is not in Switzerland's interest, the govermnment said.

In its communication on Thursday, the Federal Council also fears that countermeasures on the part of Switzerland would be associated with costs for the Swiss economy. In particular, imports from the US would become more expensive.

More More Trump slaps 31% tariff on Swiss goods

This content was published on Apr 3, 2025 United States President Donald Trump announces tariffs of 31% on imported goods from Switzerland.

Read more: Trump slaps 31% tariff on Swiss good

MENAFN03042025000210011054ID1109387920


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.

Search