Today
Kimpembe on the Messi vs. Ronaldo debate: who is superior?
+6°
пасмурно ветер 6.5 м/с, СЗ

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

Strict measures are being taken to protect children from social networks.
Strict measures are being taken to protect children from social networks.
Today, protecting minors from the harmful effects of social networks has become one of the most pressing issues worldwide. Zamin.uz reports on this matter. Many countries are beginning to adopt
World Today, 21:36
Internet outages in Iran have entered their second week, leaving society isolated.
Internet outages in Iran have entered their second week, leaving society isolated.
Significant issues with the internet network continue in Iran. Zamin.uz reported on this matter. According to the latest data from the international monitoring service NetBlocks, access to the
World Today, 21:06
Fire at the Bahrain plant halted exports
Fire at the Bahrain plant halted exports
Bahrain Petroleum Company, the country's largest energy firm, temporarily suspended oil product exports on March 6 due to a force majeure event. Zamin.uz reported this news. The decision was
World Today, 20:59
The situation in the Mediterranean Sea was seen as a migration risk for Europe.
The situation in the Mediterranean Sea was seen as a migration risk for Europe.
German Chancellor Friedrich Merz announced that the escalation of the political and economic situation in Iran could pose a new and serious migration threat to the European continent. This was
World Today, 20:06
Trump's Lawyer Demands Russia Stop Sending Spies to Iran
Trump's Lawyer Demands Russia Stop Sending Spies to Iran
Steve Witkoff, special envoy of US President Donald Trump, called for Russia to halt the transmission of intelligence data to Iran. This was reported by Zamin.uz. This important statement was made
World Today, 19:39
Iran and Israel War Raises Oil Prices
Iran and Israel War Raises Oil Prices
The situation in the Middle East is currently reaching a point of acute tension, leaving regional stability seriously at risk. This was reported by Zamin.uz. Due to the military operations being
World Today, 19:25