My Financial News from Switzerland, Business

from Bing and Google News
Switzerland , Wednesday 14 October 2026

Switzerland could revise offer on Trump tariffs, business minister says

Published on: Sunday 03 August 2025

Switzerland could revise offer on Trump tariffs, business minister says ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump hit the country with one of the highest tariffs in his global trade reset, with industry associations warning of tens of thousands of jobs being put at risk. The country's cabinet will hold a special meeting on Monday to discuss its next steps, with Parmelin telling broadcaster RTS that the government would move quickly before the U.S. tariffs are imposed on August 7.


News source: https://finance.yahoo.com/news/switzerland-could-revise-offer-trump-160200083.html

Share this news on:  

RELATED NEWS

» Switzerland could revise offer on Trump tariffs, business minister says
» Switzerland Makes AI Innovation Debut at HumanX Las Vegas
» Switzerland Buy Now Pay Later Business And Investment Report 2026: A $4.45 Billion Market By 2031 - Cembrapay And MF Group Lead Invoice-Based BNPL, While TWINT Pay Later And ...
» Lufthansa's Swiss unit to cut 2% of flights between August and October
» Swiss chocolate maker stops production after finding salmonella

HEADLINE NEWS