Switzerland Leaves Washington Without Tariff Breakthrough

Swiss President Karin Keller-Sutter returned to Geneva without securing a lower tariff from US President Donald Trump, despite presenting a new proposal. The 39% tariff imposed by Trump remains in place. A delegation led by Keller-Sutter met with US officials but failed to reach an agreement, and they missed the opportunity to meet with Trump before departing. This marks the latest development in Switzerland’s efforts to reduce tariffs imposed by the US.

Source: https://www.bloomberg.com/news/articles/2025-08-06/swiss-president-set-to-leave-washington-without-lower-tariffs