"No US tariff negotiations": Swiss economics minister

Switzerland has yet to enter formal tariff negotiations with the United States despite making contact with the administration, says Swiss economics minister Guy Parmelin. + Get the most important news from Switzerland in your inbox So far Switzerland has held "discussions to better understand the problems of the US", Parmelin told the media in Bern on Thursday. + Read how Switzerland is positioning itself during the tariff shock Switzerland is in the process of explaining to the US that other aspects were important in addition to the balance of trade and that higher tariffs would hinder the willingness of Swiss companies to invest in the US. The Federal Council remains concerned about the US government's customs policy. State Secretary for Economic Affairs Helene Budliger Artieda had shown the US side "possible topics for substantive discussions" in recent days, said Parmelin. "Nothing more and nothing less." During her telephone conversation with US President Donald Trump, Swiss ...