Swiss Government Mobilizes Against US Trade Tariffs
Switzerland launches diplomatic offensive and hires US lobby firm as country grapples with Trump's 31% tariff threat

Key Takeaways
- The US administration has imposed a total tariff burden of 31% on Swiss goods imports.
- Switzerland has been invited to an informal meeting of the EU's Ecofin ministers for the first time in history.
- SECO has hired the US law firm Akin Gump Strauss Hauer & Feld for lobbying purposes.
- Switzerland is currently not considered an 'ally' by the US regarding access to advanced AI computer chips.
- Swiss Economics Minister Guy Parmelin held video talks with US Trade Representative Jamieson Greer.
By The Numbers
They Said
"Trade wars have a negative impact on the economy and the labour market. The EU must respond by removing the remaining trade barriers in its internal market."
"The objective of Swiss commercial diplomacy is to explain Switzerlandâs situation to our partners in the United States and to clear up any misunderstandings."