Swiss President deflects questions about 2025 tariff deal with the US

Swiss President Karin Keller-Sutter is more pessimistic that a U. S.-Swiss deal, which would slash tariffs, can be reached by 2025, and says that progress is up to ￰0￱ Donald ￰1￱ a Tages-Anzeiger newspaper interview on Friday, Keller-Sutter stated, “It’s not possible to ￰2￱ depends on whether the ￰3￱ gives the green light or not.” It also follows a spat between the nations, most notably when Trump slapped a 39% penalty on Swiss exports in August 2025 over what he said was a trade deficit with the ￰4￱ decision came after a phone call with Keller-Sutter, whom the Swiss people had criticized for not handling the conversation properly. Later, Trump said she “didn’t want to listen” to his concerns about a ￰5￱ different from initial assumptions, the conversation was not initiated by Keller-Sutter, but by the US Trade ￰6￱ response to the tariffs being imposed by the Trump administration, Swiss officials have presented a package of new investment commitments and deficit-cutting measures to negotiate more favorable tariff ￰7￱ United States accounts for 17% of Switzerland’s exports Switzerland has been negotiating for improved tariff terms with the Trump administration, presenting investment pledges and initiatives aimed at helping reduce the U.

S. deficit. Keller-Sutter had previously confirmed that Swiss officials are continuing to discuss tariffs with the U. S, noting that although ￰8￱ cover less than 10% of Swiss exports, certain sectors have been severely ￰9￱ pointed out that machinery manufacturers were particularly at risk, seeing that Germany’s economic slowdown already strained ￰10￱ the tariffs were first imposed, many Swiss economists and officials heavily disapproved of them, calling them ￰11￱ the time, Jan Atteslander, director of international relations for the Swiss business federation Economiesuisse, commented, “Thirty-nine percent tariffs: I was just ￰12￱ is unjustified; you can’t explain why they are so high.” The United States absorbs nearly 17% of Switzerland’s total exports, making it a crucial market for the Alpine ￰13￱ pharmaceutical sector is Switzerland’s most valuable export to the ￰14￱ it escaped the current 39% tariffs, Trump had threatened to implement a 100% levy on imported ￰15￱ technology products are also a key export to the ￰16￱ MPS CEO Gilles Robert said his company had already been offering the best possible prices before the new tariffs took effect, noting that there was no room left to lower prices given tight ￰17￱ Hunn, of SwissMedTech, has so far warned that American patients would end up paying more for medical devices as a ￰18￱ believe that Switzerland could weather difficulties Nonetheless, Switzerland has been working to expand into new markets and recently signed a trade agreement with India that took effect on October ￰19￱ country has also finalized a deal with the South American trade bloc Mercosur.

Moreover, it is updating its long-established deal with China and still maintains its free-trade relationship with the European Union, which buys around 50% of Swiss ￰20￱ continue to hold out hope for a ￰21￱ reversal, but there is calm assurance that Switzerland can endure the ￰22￱ even remarked, “To be a successful export nation, you have to have resilience in your DNA.” However, what may suffer most in the long run are the once-close business relations between Switzerland and the U. S. There’s a real sense of disappointment in Switzerland, where companies not only valued the American market but took pride in working with ￰23￱ seen where it ￰24￱ in Cryptopolitan Research and reach crypto’s sharpest investors and builders.