Switzerland is in crisis mode as it tries to avoid a 39% tariff imposed by the US. The government held emergency talks to draft a plan, and Finance Minister Karin Keller-Sutter is willing to travel to Washington if a solution is in sight. The US cited a trade deficit of 38 billion dollars as the reason for the tariff, which Switzerland disputes as "absurd." Switzerland is in crisis mode as it grapples with a 39% tariff imposed by the United States. The government has convened emergency talks to draft a response, with Finance Minister Karin Keller-Sutter ready to travel to Washington if a solution emerges.

Source: The Guardian August 04, 2025 12:22 UTC