Today
Sunspots have completely disappeared on the surface of the Sun
+12°
переменная облачность ветер 1.7 м/с, С

It is said that Trump delayed tariffs for three months due to the President of Switzerland

World
156
It is said that Trump postponed tariffs for three months due to the Swiss president
Photo: Swissinfo
Just a few hours before announcing a 90-day suspension of tariffs, Donald Trump had an important phone conversation with Swiss President and Finance Minister Karin Keller-Zutter.

According to Bloomberg, this conversation was one of the decisive factors in Trump's decision to soften his position in the trade confrontation.

At the same time, both the finance minister and the president of the country, Keller-Zutter, described the conversation that took place on April 9 as "open and constructive" on social media. She emphasized that Bern outlined its bilateral trade position and set paths for considering U.S. interests. The parties agreed to continue negotiations soon.

According to Bloomberg's analysis, the Swiss president got to the essence of the matter within half an hour and specifically emphasized facts that personally affected Trump's financial interests.

Keller-Zutter drew attention to her country's role in the U.S. economy: she highlighted that Switzerland ranks 6th in U.S. investments, 4th in the manufacturing sector, and 1st in research and development.

"I explained this to President Trump — and I think it played a significant role in the decision-making process," she said.

Previously, Trump intended to impose a 31 percent tariff on all goods coming from Switzerland — which is even higher than the 20 percent set for the European Union. This decision raised serious concerns in Bern: the Swiss economy is export-oriented, and such high tariffs would deal a severe blow to its key sectors.

Additionally, it became known that some luxury watch models of the "Trump Watches" brand are produced specifically in Switzerland. Among them are a $2,999 chronograph and a $100,000 Tourbillon model. Tariffs could have driven this production to the brink of bankruptcy.

At the same time, as the volume of gold imported from Switzerland to the U.S. sharply increased, and precious metal prices were setting historical records worldwide, Switzerland managed to achieve a suspension of tariffs.

Now the question arises: will Donald Trump reinstate tariffs after three months?

Similar news

Sunspots have completely disappeared on the surface of the Sun
Sunspots have completely disappeared on the surface of the Sun
On Sunday, February 22, 2024, scientists from the Solar Astronomy Laboratory at the Space Research Institute of the Russian Academy of Sciences confirmed that sunspots have completely disappeared on
World Today, 20:56
Panch, who was left alone, was shown kindness
Panch, who was left alone, was shown kindness
A video that simultaneously breaks the human heart and inspires hope is widely circulating on social media. This was reported by Zamin.uz. The video depicts the life of a small macaque monkey named
World Today, 16:13
Antarctic ice shrinkage poses a global threat
Antarctic ice shrinkage poses a global threat
According to research conducted by an international team of scientists, the ice sheet on the Antarctic Peninsula could shrink by approximately 20 percent by 2100. This was reported by Zamin.uz.
World Today, 15:33
In Thailand, cat plague killed 72 tigers
In Thailand, cat plague killed 72 tigers
In a tourist park located in Chiang Mai province, Thailand, 72 tigers died due to feline plague. This was reported by Zamin.uz. This was reported by *The Independent*. The incident occurred in the
World Today, 15:18
Avalanche on Kasl-Pik: 9 skiers died
Avalanche on Kasl-Pik: 9 skiers died
The body of the ninth missing skier was found following an avalanche on Castle Peak in California. This was reported by Zamin.uz. A total of 15 people were caught under the snow as a result of the
World Today, 14:52
A man who had not slept for eight days suffered a mental breakdown
A man who had not slept for eight days suffered a mental breakdown
Tommy Greaves, a 32-year-old living in London, was admitted to a psychiatric hospital after suffering a severe mental breakdown as a result of working without sleep for eight days. This was reported
World Today, 14:11