Swiss president under fire after Trump call leads to US tariffs shock

Karin Keller-Sutter accused of mishandling talks as shares dive after Switzerland hit with 39% tariff

The Swiss stock market has plunged, the cabinet has held crisis talks and the country’s president, Karin Keller-Sutter, has been accused of mishandling a vital phone call with the White House after Donald Trump hit the country with a shock 39% export tariff.

Switzerland, home to some of the world’s best-known luxury brands, was left stunned after the US president on Friday imposed one of the highest tariff rates in his global trade reset. Industry associations said tens of thousands of jobs were at risk.

Continue reading…

Related posts

Trump says he will meet Putin despite Kremlin’s refusal to talk to Kyiv

Ukraine war briefing: Zelenskyy – don’t let Russia ‘deceive us in the details’

US steps up efforts to help Bolsonaro avoid jail over alleged coup plot