Trump, Swiss Execs Discuss Tariffs; Swiss Gold Proposal
Update: 2025-11-05
Description
On November 5th, President Trump met with Swiss executives at the White House, discussing trade and tariffs. The US imposes a 39% tariff on Swiss goods, impacting companies like Lindt and Swatch Group. Trump praised the meeting, and Trade Representative Jamieson Greer will continue discussions. Swiss diplomats are also negotiating with Washington, aiming to lower the levy. Despite the high tariff, demand for Swiss goods in the US remains strong, but the Swiss government has reduced its growth forecast due to the tariffs' impact.
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