Today
Manchester City defeated Liverpool to secure a Wembley ticket
+17°
пасмурно ветер 1.5 м/с, СВ

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

Sharp warning from Trump for Iran and the Strait of Hormuz
Sharp warning from Trump for Iran and the Strait of Hormuz
US President Donald Trump addressed the Iranian leadership in a sharp and firm tone through the Truth Social social network. This was reported by Zamin.uz. In his speech, he strongly criticized
World Yesterday, 22:13
The US lost seven aircraft in the conflict with Iran
The US lost seven aircraft in the conflict with Iran
According to CNN sources, the United States has lost at least seven aircraft since the conflict with Iran began. This was reported by Zamin.uz. Among the lost aircraft are F-15 fighter jets and A-10
World Yesterday, 21:53
Earthquakes play a leading role among natural disasters in Afghanistan
Earthquakes play a leading role among natural disasters in Afghanistan
Afghanistan is a country covered with mountains and highly prone to various natural disasters. This was reported by Zamin.uz. The natural disaster that causes the most loss of life and property is
World Yesterday, 20:43
Due to heavy rains, buildings collapsed
Due to heavy rains, buildings collapsed
Floods caused by heavy and sudden rains in the capital of Dagestan, Makhachkala, have led to several problems. This was reported by Zamin.uz. In particular, a three-story residential building
World Yesterday, 20:05
Reports of Donald Trump being hospitalized have been denied
Reports of Donald Trump being hospitalized have been denied
Reports have spread on the Internet about the hospitalization of U.S. President Donald Trump. This was reported by Zamin.uz. However, official sources denied this information. White House
World Yesterday, 19:33
The new AD-08 Majid air defense system of the country is operational
The new AD-08 Majid air defense system of the country is operational
Amid military tensions in the Middle East region, reports about the deployment of a new air defense system by Iran are widely discussed. This was reported by Zamin.uz. According to some sources, the
World Yesterday, 19:32