Tuesday, 02 January 2024 12:17 GMT

Swiss President Not Surprised By Latest US Tariff Move


(MENAFN- Swissinfo) Swiss President Guy Parmelin said on Thursday he was not surprised by the Trump administration's proposal to impose new tariffs of 12.5% on Switzerland, adding that negotiations between the two countries are ongoing with the aim of securing a trade agreement. Select your language
Generated with artificial intelligence. Listening: Swiss president not surprised by latest US tariff move This content was published on June 5, 2026 - 16:08 3 minutes Keystone-SDA
    Français fr SEF 2026: Parmelin pas surpris par l'annonce des droits de douane Original Read more: SEF 2026: Parmelin pas surpris par l'annonce des droits de d

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“We were aware that there were ongoing investigations into Section 301 of the US Trade Act, and we expected a decision,” said Parmelin at the opening of the Swiss Economic Forum (SEF) in Interlaken on Thursday.

“We reject the criticisms levelled by the United States and we have already replied to them in writing,” said the Swiss economics minister, who this year also holds the rotating Swiss presidency role.

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This content was published on Jun 3, 2026 The United States is threatening Switzerland with new tariffs of 12.5% on products linked to forced labour.

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