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Donald Trump raised the US fist in Washington, after reaching the White House of DC, after the weekend of August 3rd, 2025, at its bed residence.
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Strains and fears are very high in Switzerland, a period of playing a trade agreement with the US, a few days a few days.
Without an agreement, Switzerland 39% has duty On top of the goods imported to the US, the last week of the last week of President Donald Trumpen was one of the most recent rates of the US. He was surprised by the higher duties, when the wide report suggested that the trade agreement was before, and the trump’s signature was lacking.
On the weekend, higher fare followed Thursday phone call disagreement between Switzerland Karin Keller-Sutter and Trump, Swiss officials rejected Reuters. The Federal Swiss Chancellor immediately responded immediately to the CNBC’s comment request.
Guy Parmelin, members of the Federal Council and members of the Economic Committee and the leading media told the government that the government was open to adapt its proposal to the United States, but it may be difficult for the period August 7, Reuters new.
Swiss leaders will be found on Monday to discuss the latest developments.
Somewhere else, the US Trade Jamieson Greer representatives broke the expectations of a gap in commercial agreements. performed CBS news did not expect the last rates to be negotiated in the coming days, and “these rate rates are quite sets”.
Concerns in the Swiss business community
Industrial teams and business managers have turned the alarm around the potential fall of business, which can have massive loss loss.
“It was much more than surprise.
It would be difficult to compensate Swiss companies to compensate for a rate of 39%, he has declined. “So much rate for many companies will cut trade, and we are convinced that a deal is still better to trade for both sides.”
It added that there is no “representative of the United States” in terms of export markets, despite finding success in Switzerland, diversification and Swiss business around the world.
Swiss export keys are chemicals and pharmacies, watches and jewelry, gold, chocolate and electronics.
The Switzerland Blue-Chip SMI index was closed for national holidays when the new US rate was announced on Friday, but it opened around 1.2% on Monday in London, 8:30 p.m. Sika shares of chemicals fell by 2.1%, and the luxury team Richemont and Roche were 1.5% lower.
Swiss Swiss is widened width by 1.5% in the first works.
The UBS analysts said in Friday, “the direct impact of the Swiss Equity market would be” negative, but non-destructive “worst companies Watch and machinery will be the smallest businesses with medtech businesses and more confidence in exports.
Fears have also been created in the Swiss economy, in a non-agreement scenario.
Gianluigi Mandruzzato EFG Active Management, “Early Europe,” said the risk of a Swiss recession after the announcement, the export rate can affect 10% of the economy.
Rumores would also lead to defculative pressure in the economy and so in the Swiss national bank, he has already cutting interest rates in the ceremony, the weak inflation and the force of Switzerland, Mandruzzato added.
A deal before?
While business leaders hope to achieve the U.S. accident, there is a great uncertainty today, according to Economicist Atteslanders.
While working in a new offered by the Swiss government, “It’s open at the moment,” he said.
It will be very difficult to tell whether the government improves the 39% rate before the government, Mandruzzate said: potential negotiation tools can have higher purchases in U.S. companies or more direct investment
“It seems that Trade Trading with the US eventually boiled to Donald Trump,” said Mandruzzate, which was also difficult to evaluate the last negotiation points.
– CNBC Carolin Roth and Ritika Gupta has contributed to this report.
