The President of the Confederation has failed to find an agreement with her American counterpart.Keystone
While the customs duties wanted by Donald Trump will soon come into force, Switzerland has failed to find an agreement with the United States. This was announced on X the president of the Confederation.
31.07.2025, 22:0431.07.2025, 22:49
There will be no agreement between Switzerland and the United States. This was announced this Thursday evening Karin Keller-Sutter, in a message published on X. “I had an interview today with President Trump before the expiration of the deadline for customs duties,” she wrote on the platform. And add:
“This interview did not make it possible to find an agreement on the declared declaration of intention between Switzerland and the United States”
Karin Keller-Sutter
“The trade deficit remains at the center of concerns” of the American president, added the minister. It was not possible to agree on the declaration of intention which had been negotiated between the two states before.
The question of the concrete effects of the failure of conversations on American customs duties on Swiss products remains open for the moment. In recent weeks, Switzerland had endeavored to obtain an exception about the measures provided by the United States.
According to a spokesperson for the Finance Department, interviewed by Keystone-ATS, It is therefore always unknown what customs duties apply to Switzerland. This question was left open on the American side, he added.
31% surcharge
Last April, the tenant of the White House announced a customs surcharge of 31% on Swiss products exported to the United States. It was the highest rate within OECD countries.
Since April, A 10% rate is applied temporaryt, pending a presidential arbitration scheduled for August 1. The 90 -day delay granted to several countries, including Switzerland, expires this Washington time this Thursday evening, 6:00 am on the Swiss time on Thursday.
So far, Washington has announced agreements with the United Kingdom, the European Union, the Philippines, Indonesia, Vietnam, Japan and South Korea. (ASI)
News in Switzerland is here
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