Swiss Government Adopts Draft Mandate For US Tariff Negotiations
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Bundesrat verabschiedet Entwurf für ein US-Verhandlungsmandat
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Read more: Bundesrat verabschiedet Entwurf für ein US-Verhandlungsmanda
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Switzerland's aim is to strengthen bilateral economic relations with its most important trading partner after the EU, as the federal government stated in a press release. The national government will endeavour to maintain or even improve market access in the US.
The US government under President Donald Trump introduced a global blanket tariff of 10% on imports at the beginning of April. There was also a country-specific additional tariff of 21% for Switzerland. However, this was then suspended for 90 days until July 9. Bern now wants to find a long-term solution with Washington by this deadline.
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