Today
Woman's bravery: protected her husband from bears
+10°
пасмурно ветер 2.7 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

Woman's bravery: protected her husband from bears
Woman's bravery: protected her husband from bears
An event full of courage and resilience took place in the Odisha state of India. This was reported by Zamin.uz. A woman protected her husband from bears in a very dangerous situation, saving his
World Today, 08:19
Sharp debate between Tucker Carlson and Hakabi on Israel
Sharp debate between Tucker Carlson and Hakabi on Israel
A sharp debate about Israel arose during a conversation between the well-known American political commentator Tucker Carlson and the U.S. ambassador to Israel, Mike Hakabi. This was reported by
World Today, 07:58
Russian planes were tracked near Alaska
Russian planes were tracked near Alaska
Several Russian military aircraft were detected and tracked near the coasts of Alaska. This was reported by Zamin.uz. According to official information from the North American Aerospace Defense
World Today, 07:22
Global aid initiatives for Gaza discussed in Washington
Global aid initiatives for Gaza discussed in Washington
On February 19, the first meeting of the Peace Council was held in Washington, the capital of the United States, on the initiative of US President Donald Trump. This was reported by Zamin.uz. At the
World Yesterday, 23:32
500 musical instruments were burned in Afghanistan
500 musical instruments were burned in Afghanistan
Restrictions on music in Afghanistan have once again taken a sharp turn. This was reported by Zamin.uz. According to information from international organizations, representatives of the
World Yesterday, 22:32
Uzbek scientists have identified 7 new species of beetles
Uzbek scientists have identified 7 new species of beetles
As a result of scientific research conducted in collaboration between Uzbek and Russian scientists, 7 new species of beetles belonging to the genus Dailognatha have been identified. This was
World Yesterday, 22:32