THE Donald Trump promised his Swiss counterpart to review the duties imposed on Switzerlanda few hours before suspending much of the duties.
This promise of US President Donald Trump, said Karin Keller Sutter, head of the state and Swiss finance minister, in an interview with Bloomberg.
“It was very constructive,” she herself told Oliver Crook at a meeting of the European Union Ministers in Warsaw, in which ad hoc participates. “We both agreed to find a solution really and he himself promised to consider the situation – and then we will have a dialogue again.”
Although Keller Shooter did not indicate that her phone call in Washington on Wednesday (10.4.2025) was the decisive element in the president’s decision to declare a 90 -day duty in the midst of fluctuations in the treasury market, her comments indicate this week.
“Switzerland is a very important immediate US investor – I say, as a total of number 6 and when it comes to production, it is number 4, and in R&D even number 1 – so I was able to explain this to the US president, which was very useful,” he said. “Swiss companies are investing a lot and plan to invest a lot, but they need a signal. I mean, they need to know how safe these investments will be in the coming years. “
Trump had imposed tariffs on Swiss products of 32%, far more than 20% on neighboring EU. Berne officials were taken aback and in the interview Keller-Sutter described the duty as “huge”.
Switzerland’s trade surplus with the US was recently launched because of its role as a gold cleaning hub, as missions to New York increased sharply with customs duties. A document by the National Bank of Switzerland this week insisted that gold should be excluded from the analysis of trade relations.
Switzerland sees the effects of turbulence on markets and in other ways, with the franc touching on Friday the strongest level of the last decade over the dollar. Keller-Sutter said that such points take place “every time there is an international crisis”.
“Switzerland is a safe haven,” he said. “We have a strong currency, which on the one hand is of course a lot of challenge for our export industry. On the other hand, it also shows that we have a stable and very stable economy and that there is great confidence. “