Reported 27 days ago
Switzerland's business minister, Guy Parmelin, indicated that the Swiss government is considering revising its offer to the U.S. regarding planned high tariffs, which could negatively impact the Swiss economy and trigger a recession. Following President Trump's announcement of a 39% import duty, the government plans to meet urgently to discuss potential responses, such as offering to import U.S. liquefied natural gas or increasing Swiss investments in the U.S. Parmelin emphasized the need to understand the rationale behind Trump's decision to navigate these trade challenges effectively.
Source: YAHOO