Switzerland Excludes Taking Countermeasures in Response to Trump's Tariffs
August 7, 202556 ViewsRead Time: 1 minutes
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The Swiss Federal Council said today, Thursday, that it is not considering taking countermeasures in response to the new U.S. tariffs that affect nearly 60% of Swiss exports and put significant pressure on the country's export-dependent economy.
In a statement, the government added that it will focus on measures to alleviate the burdens on Swiss companies and will continue negotiations with Washington to resolve trade issues.
In a statement, the government added that it will focus on measures to alleviate the burdens on Swiss companies and will continue negotiations with Washington to resolve trade issues.
