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Switzerland disappointed by Trump's tariffs: We will try to negotiate

2025-08-01 18:08:34Kosova&Bota SHKRUAR NGA REDAKSIA VOX

Switzerland says it will try to negotiate a way out of the United States' tough tariffs, hours after US President Donald Trump's administration shocked the European country by announcing plans to impose a 39% tariff rate on Swiss goods.

The Swiss government said on Friday it was "disappointed" and would decide how to act after Trump unveiled the 39% rate, more than double the 15% that applies to most European Union imports to the US.

The new tariffs, which will come into force on August 7, will be painful for several key Swiss industries, including watch manufacturing and manufacturing.

The Swiss government said in a statement on social media that it remains in contact with the US authorities and "still hopes to find a negotiated solution".

"The Federal Council notes with great regret the U.S. intention to unilaterally burden Swiss imports with significant import duties, despite the progress made in bilateral talks and Switzerland's very constructive stance," she added.

The Trump administration unveiled a series of new tariffs on many U.S. trading partners on Thursday, saying the measure was intended to address a "persistent lack of reciprocity in our bilateral trade relationship."


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