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Swiss government says it will continue negotiations with US on tariffs

ReutersAug 4, 2025 12:43 PM

- The Swiss government said on Monday that it would continue negotiations with the United States on tariffs after experts warned that the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland.

"The Federal Council is determined to pursue discussions with the United States beyond the current joint statement proposal and, if necessary, beyond the August 7 deadline," it said in a statement.

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