💨 Abstract

Switzerland's Economy Minister Guy Parmelin has stated that there are currently no trade negotiations with the U.S., following the U.S. government's recent announcement of tariffs. Initially, Switzerland faced steeper tariffs than the EU, but President Trump temporarily reduced most rates above 10% for nearly all countries last week. However, Parmelin noted that dealing with trade barriers is always challenging for Switzerland.

Courtesy: theprint.in

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