Switzerland’s main business lobby on Thursday rejected U.S. tariffs on Swiss imports as harmful and unjustified, as the country’s government stressed the importance of respecting international law. U.S. President Donald Trump on Wednesday imposed a 31% tariff on imports from Switzerland compared with 20% on goods from the European Union and 10% from Britain. Business group Economiesuisse said there were no plausible grounds for the U.S. tariffs, noting that Switzerland had abolished industrial tariffs from the start of 2024 and already had lower import tariffs than the United States.Read More
