Swiss President Plans Washington Talks to Reduce 39% US Tariffs

Swiss President Karin Keller-Sutter and Economy Minister Guy Parmelin are traveling to Washington to negotiate with U.S. authorities in an effort to reduce the 39% tariffs imposed on Swiss exports by President Donald Trump. The Swiss government is aiming to present a more attractive offer to address U.S. concerns and avoid the trade levies set to take effect on August 7. The delegation includes other officials such as the State Secretary for Economic Affairs and the State Secretary for International Financial Matters. The Swiss government has reaffirmed its commitment to continue talks beyond the tariff deadline and has ruled out retaliatory measures. Meetings are scheduled with U.S. officials, including a planned session with Secretary of State Marco Rubio, although it is unclear if a direct meeting with President Trump will occur. The negotiations reflect Switzerland's urgent attempt to protect its economy from the substantial tariff impact.