What is the U.S. demanding from Switzerland to avoid the tariffs?

The U.S. is demanding that Switzerland increase its purchases of American arms and energy products as part of a deal to avoid the 39% tariffs.

Who is leading the Swiss delegation in the negotiations with the U.S.?

Swiss President Karin Keller-Sutter and Business Minister Guy Parmelin are leading the Swiss delegation in the last-minute negotiations with U.S. officials.

What is the status of the Swiss deal to buy Lockheed Martin F-35A fighter jets?

Some Swiss politicians have called for scrapping the $7.43 billion deal to buy the F-35A fighter jets from the U.S. in retaliation for the tariff threat, but the Swiss government is focused on finding a compromise.

Home / Business and Economy / Swiss President Races to Avert Crippling U.S. Tariffs in Last-Ditch Talks

Swiss President Races to Avert Crippling U.S. Tariffs in Last-Ditch Talks

6 Aug

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Summary

U.S. seeks more Swiss purchases of arms, energy to avoid 39% tariffs
Swiss delegation in Washington for urgent negotiations with U.S. officials
Final approval from President Trump needed to clinch a deal

In a high-stakes diplomatic showdown, Swiss President Karin Keller-Sutter and Business Minister Guy Parmelin have rushed to Washington for urgent negotiations with U.S. officials. The talks aim to prevent a devastating 39% tariff on Swiss imports, which President Donald Trump unexpectedly announced last week.

The Trump administration is reportedly seeking more Swiss purchases of American energy and defense products as part of a deal to avoid the steep tariffs. This comes after the European Union struck a similar agreement with the U.S. last month, agreeing to buy $750 billion worth of U.S. liquefied natural gas, oil, and nuclear energy over the next three years.

While the Swiss government is focused on sweetening its offer to Washington, some Swiss politicians have called for scrapping a $7.43 billion deal to buy Lockheed Martin F-35A fighter jets in retaliation. However, the Swiss delegation is determined to find a compromise and secure a last-minute agreement before the tariffs go into effect on Thursday.

Keller-Sutter is scheduled to meet with U.S. Secretary of State Marco Rubio, as well as Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, in a final push to win over President Trump and avert the crippling tariffs that could severely damage Switzerland's export-driven economy.

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