Today
Erling Haaland: "I don't want to justify my results"
+9°
пасмурно ветер 3.2 м/с, ЮВ

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

Epshteyn death documents prepared one day earlier
Epshteyn death documents prepared one day earlier
It has been revealed that the official documents related to Jeffrey Epstein's death were prepared one day before his passing. This was reported by Zamin.uz. This was reported by the Daily Mail.
World Today, 00:37
“Bishkek maniac” found dead in prison
“Bishkek maniac” found dead in prison
The body of 41-year-old Qumarbek Abdirov was found in Investigation Prison No. 1 in Bishkek, Kyrgyzstan. This was reported by Zamin.uz. He was known by the name “Bishkek maniac.” This was reported
World Today, 00:31
Elon Musk: A city will be built on the Moon, a base on Mars
Elon Musk: A city will be built on the Moon, a base on Mars
SpaceX CEO Elon Musk has announced new plans for space exploration. This was reported by Zamin.uz. According to him, the company aims first to build a self-sustaining city on the Moon. Building a
World Yesterday, 23:47
Social networks ban for children planned in the Czech Republic
Social networks ban for children planned in the Czech Republic
The Czech government is considering banning the use of social networks for children under 15 years old. This was reported by Zamin.uz. The country's Prime Minister, Andrej Babiš, announced his
World Yesterday, 23:08
The number of casualties in Gaza has exceeded 72,000
The number of casualties in Gaza has exceeded 72,000
According to the Palestinian Ministry of Health, the number of casualties in the Gaza Strip due to ongoing military operations since October 2023 has reached 72,032. This was reported by Zamin.uz.
World Yesterday, 22:57
Elon Musk supports witnesses in the Epstein case
Elon Musk supports witnesses in the Epstein case
American entrepreneur Elon Musk has made his latest statement regarding the Jeffrey Epstein case. This was reported by Zamin.uz. In his social media post, he announced his willingness to cover the
World Yesterday, 21:16