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Switzerland is about to make an offer to Trump, according to Guy Parmelin

Federal Councilor Guy Parmelin informs at a point de press at the end of the EFTA free trade agreement with the Mercosur countries, taken on Friday, July 4, 2025 (Keystone/Ennio Lanza)

Guy Parmelin says he is ready personally ready at all times to discuss with the Trump administration across the Atlantic if necessary.Keystone

“We are trying to understand where there was a lack,” said Federal Councilor Guy Parmelin to RTS on Saturday after the “big shock” caused by 39% customs surcharsh imposed by the United States. He has the hope of changing Donald Trump’s decision.

02.08.2025, 19:4002.08.2025, 19:40

More “international”

“We are trying to understand where there was a lack,” said Federal Councilor Guy Parmelin to RTS on Saturday after the “big shock” caused by 39% customs surcharsh imposed by the United States. He has the hope of changing Donald Trump’s decision.

“The Federal Council can at any time have a meeting, physically or by conference call. He will quickly read (details of the American position, note) to understand what it is, what was the problem at the origin of the decision of the President of the United States, “said the head of the Economy department in the Forum program.

“We will try everything to show our good will and rework our offer. The general state of the file will be drawn up very quickly ”

Guy Parmelin

The Federal Council was confident for a favorable outcome after the draft declaration of intention agreed between the two parties and approved on July 4 by the college. This statement, obtained after months of discussions involving the departments, had been “negotiated in good faith”, said Parmelin.

Parmelin and Kks available to Trump

But in the end, the decision is made at the political level “and Trump estimated that the deal was too unbalanced”. Hence the 39% of customs taxes imposed on Switzerland for its products exported from August 7, except last minute turnaround.

On this subject, Guy Parmelin keeps hope. He evokes a “future offer” in the United States “which we are going to prepare” and stands personally ready at all times, as well as the president of the Confederation Karin Keller-Sutter, to move across the Atlantic “if we are asked to go”.

What is this “offer”?

Among the possible openings, the federal advisor spoke of the liquefied natural gas that the EU is committed to importing in large quantities of the United States (in exchange for “moderate” taxes by 15%). It is a track that Switzerland thinks because it also matters.

Another possible track, that of making additional investments in the United States, conceded Parmelin.

“But we must first understand exactly what the United States expects”

Guy Parmelin

Things should be clarified “very quickly” at the start of the week.

Too optimistic?

To the question “Have you been too optimistic?”, Parmelin replied: “Perhaps, because three departments thought that the negotiated text was sufficient. Until the last hours, we had no sign that it would end with such punishment ”.

He fears in particular a loss of competitiveness of the Swiss economy in comparison with the EU and Great Britain, which could “have extremely serious consequences on growth”.

The Federal Council is also “in regular contacts with representatives of the Pharma sector (from which the United States requires price reductions), and these contacts will increase in the coming days”.

ats

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Video: watson

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tatum.wells
tatum.wells
Tatum’s Austin music column ranks taco-truck breakfast burritos alongside indie-band demos.
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