Switzerland says U.S. tariffs "incomprehensible", not planning retaliation for now
Record ID:
1988070
Switzerland says U.S. tariffs "incomprehensible", not planning retaliation for now
- Title: Switzerland says U.S. tariffs "incomprehensible", not planning retaliation for now
- Date: 3rd April 2025
- Summary: ELIZABETH, NEW JERSEY, UNITED STATES (APRIL 3, 2025) (REUTERS) VARIOUS OF SHIPPING CONTAINERS, SHIPPING CONTAINER LOADERS AND CRANES LIFTING SHIPPING CONTAINERS ON HAPAG-LLOYD CONTAINER SHIP AT PORT ELIZABETH MARINE TERMINAL ELIZABETH, NEW JERSEY, UNITED STATES (APRIL 3, 2025) (REUTERS) (MUTE) TIME-LAPSE OF VARIOUS OF SHIPPING CONTAINERS, SHIPPING CONTAINER LOADERS AND CRA
- Embargoed:
- Keywords: Swiss Trump USA governement tarrifs
- Location: BERN, SWITZERLAND
- City: BERN, SWITZERLAND
- Country: Switzerland
- Topics: Europe,Government/Politics,International Trade
- Reuters ID: LVA002400203042025RP1
- Aspect Ratio: 16:9
- Story Text: Switzerland's government on Thursday (April 3) described the trade tariffs imposed by U.S. President Donald Trump against the country as incomprehensible, but said it did not currently plan retaliatory measures in response.
“The Federal Council is clearly of the opinion that an escalation is not in Switzerland's interest. It is therefore refraining from taking direct countermeasures for the time being and will examine other solutions,” Swiss President, Karin Keller-Sutter told reporters in Bern.
The government made its statement after Trump imposed a 31% tariff on imports from Switzerland compared with 20% on goods from the European Union and 10% from Britain.
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