Today
In Uzbekistan, the weather will be variable on January 17
+1°
небольшой снегопад ветер 7.2 м/с, З

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

Roman Camps: Historical Border Expansion Confirmed in Germany
Roman Camps: Historical Border Expansion Confirmed in Germany
Archaeologists in the Saxony-Anhalt region of Germany have discovered ancient military camps belonging to the Roman Empire. This was reported by Zamin.uz. This finding was officially announced on
World Today, 18:13
Religious app "Imom AI" to be created in Kazakhstan
Religious app "Imom AI" to be created in Kazakhstan
A new project on the use of artificial intelligence in the religious and educational field is being discussed in Kazakhstan. This was reported by Zamin.uz. The Spiritual Administration of Muslims of
World Today, 17:41
Trump announced the establishment of a "Peace Council" for Gaza
Trump announced the establishment of a "Peace Council" for Gaza
Former US President Donald Trump announced the establishment of a "Peace Council" aimed at rebuilding the Gaza Strip and ensuring peace in the region. This was reported by Zamin.uz. He
World Today, 17:09
Zakharova: Solovyov's views are not the official position
Zakharova: Solovyov's views are not the official position
The Russian Foreign Ministry representative Maria Zakharova stated that the views of journalist and TV host Vladimir Solovyov on foreign policy are not the official position of Russia. This was
World Today, 16:54
Russian strikes intensified the energy crisis in Ukraine
Russian strikes intensified the energy crisis in Ukraine
Since the heating season began, the Ukrainian government has reported that Russian forces have carried out 256 air strikes against the country’s energy infrastructure. This was reported by Zamin.uz.
World Today, 16:10
103-year-old woman resurrected after “death”
103-year-old woman resurrected after “death”
In the Ramtek area of Nagpur district, Maharashtra state, India, the unexpected revival of a 103-year-old woman named Gangabay Saxare has caused great astonishment among the local population. This
World Today, 15:06