Tuesday, August 5, 2025
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Do not agree between Switzerland and the USA on customs duties

The president said on messaging X having conversed with President Trump shortly before the expiration of the deadline set by Washington on August 1 granted for customs duties.

The American president once again said that for him the trade deficit is the most important, explains Karin Keller-Sutter. It was not possible to agree on the declaration of intention which had been negotiated between the two states before.

Question left open

It is therefore always unknown what customs rights apply to Switzerland, said a spokesperson for the evening finance department in Keystone-ATS. This question was left open on the American side, he added.

The concrete effects of the failure of conversations on American customs duties on Swiss products are thus unknown at the moment. In recent weeks, Switzerland had endeavored to obtain an exception about the measures provided by the United States.

In the spring, President Trump announced 31% taxes on Swiss goods from goods to the United States. He had suspended his decision thereafter and decided on a basic tax of 10%. For the European Union, President Trump accepted an agreement on 15%tax on Sunday.

harper.quinn
harper.quinn
Harper curates “Silicon Saturday,” an email digest that turns tech-patent filings into snack-sized trivia.
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