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Customs duties: switzerland takes out:
Customs duties
Switzerland takes out heavy artillery to seduce Washington – Customs duties: switzerland takes out
The Confederation presented a battery of measures to calm US protectionist ardors. Nevertheless, A plan that could cost dozens of billions to the Swiss economy.
The President of the Confederation did not go empty -handed to Washington for her. Furthermore, meeting with the new US Secretary of State Marco Rubio.
KEYSTONE
- Switzerland offers a strategy to reduce the 39.5 billion trade deficit.
- Roche plans to extend its pharmaceutical production to the United States.
- Swiss plans to buy new Boeing.
- The facilitated importation customs duties: switzerland takes out of American beef arouses debates in Swiss agriculture.
The Confederation attempts a new strategy to reduce the trade deficit, which reached $ 39.5 billion in 2024. For example, Trump sees a way for Switzerland to divert billions from American national wealth. Similarly, During their telephone interview From July 31, the president of the Confederation Karin Keller-Sutter tried to dissuade her, but without success. Nevertheless, This strategy was abandoned in favor of efforts to quickly reduce the significant deficit in the trade balance. Moreover, The initiative includes proposals to resolve the problem of Gold Fontewhich has widened the 20 billion trade deficit this year.
The Pharma must build a kind of “production hub” in the United States. Furthermore, Rochefor example, already has large industrial facilities that require significant development. Consequently, The pharmaceutical company plans to produce customs duties: switzerland takes out mainly in the United States its new obesity drug CT-996. For example, It is also a question of relocating part of the research in the United States.
The Confederation also wishes to buy American liquefied natural gas (LNG). A similar approach is planned for American oil, with an even greater room for maneuver.
Acquisition of new Boeing by Swiss – Customs duties: switzerland takes out
American military purchases must also be reinforced. Switzerland invests billions in this sector, especially for the acquisition of Fighting planes F-35 and other military equipment. During the press conference on Thursday, Karin Keller-Sutter said that the Federal Council referred to current armaments. Switzerland maintains its acquisitions of F-35 and Patriot, said the Minister of Finance. “And they will also need ammunition in the future.”
In total, these are purchases customs duties: switzerland takes out of several tens of billions of dollars. Swiss should also contribute by buying Boeing aircraft in the United States.
In addition. the investments planned by Stadler Rail and Peter Spuhler, the largest shareholder and chairman of the board of directors of the manufacturer of rolling stock. All this is not engraved in marble. The plans can evolve: certain elements could be deleted and other measures added.
It was necessary to act quickly with this strategic initiative, because the Federal Council was caught by Trump’s offensive. The content. scope of the package also explain why the group of Swiss economic representatives who met yesterday Karin Keller Sut a Guy Parmelin was composed in this way: Severin Schwan, Chairman of the Board of Directors of Roche, Marcel Erni and Fredy Gantner, co -founders of Partners Group, Jens Fehlinger, CEO customs duties: switzerland takes out of Swiss, as well as Daniel Jäggi, president of the Mercuria raw material merchants.
Controversial case of agriculture
The question of the contribution of agriculture remains debated. In particular, it is a question of facilitating the importation of American beef. It would seem that the economic sector wishes to compensate for agricultural losses by direct payments. In the past, all negotiations and discussions relating to a free trade agreement with the United States has failed.
The package also includes less restrictive measures. in particular support for creating a learning system in the United States and an initiative in the field of artificial intelligence and robotics. The package would have been well received by the American Secretary of State Marco Rubio. In addition, contacts were also made with Trump’s emissary, Steve Witkoff. With him too, the customs duties: switzerland takes out initiative would have found an attentive ear.
Karin Keller-Sutter underlined on Thursday before the media that the Federal Council respected. the negotiation mandate approved by the foreign policy commissions of the Parliament. But she also specified that such a mandate was not legally restrictive.
Empire Trump and conflict of interest
It remains to be seen who will benefit from all these investment promises. Eric Trump and Donald Trump Jr.. Trump’s sons, launched a new stock market investment vehicle at the start of the week, a “special Purpose Acquisition Company”, or Spac.
They called him “New America”. This fund intends to invest in companies which “play an essential role in the revival of national production. the development of innovation ecosystems and the strengthening of critical supply chains”. This company may customs duties: switzerland takes out also take advantage of Switzerland’s efforts.
Translated from German by Emmanuelle Stevan
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Further reading: Swiss record for Gutschmidt in Athletissima – Euro 2025: The dream scenario for Switzerland – Two days to celebrate Swiss folklore – Ukraine: Parliament ignites on the management of Swiss aid – The Clusette: not yet the end of the tunnel.
