Swiss business federation Economiesuisse urged the federal government to act swiftly following the United States' decision to impose a 31% tariff on Swiss exports. The organization called the move a "serious burden" on Switzerland's export-reliant economy and warned it could dampen its...
Norwegian Minister of Trade and Industry Cecilie Myrseth called United States President Donald Trump's new tariffs "serious for the world economy," as well as "critical for Norway" on the country's state broadcaster NRK.Myrseth said that the 20% tariff on the European Union (EU) and the "at least...
Switzerland expressed willingness to host a potential summit between Russian President Vladimir Putin and US President-elect Donald Trump, focusing on resolving the ongoing conflict in Ukraine, Swiss newspaper Le Temps reported on Sunday citing Nicolas Bideau, a spokesman for the Swiss Foreign...
United States Secretary of State Antony Blinken in a phone conversation with Swiss President Guy Parmelin thanked the president for his country supporting the US in Iran, spokesperson for the United States Department of State, Ned Price, said.
Blinken noted Washington is grateful for...
The Swiss National Bank (SNB) stressed on Wednesday that Switzerland doesn't engage in manipulations of the Swiss franc, as was suggested previously by the United States Department of Treasury.
The SNB added that it is "open for bilateral talks" with the US Treasury on the issue of...
The United States Department of Treasury has labeled Switzerland and Vietnam as currency manipulators, explaining that both countries "met all three criteria under the Trade Facilitation and Trade Enforcement Act of 2015," the department said in a statement on Wednesday.
"The Treasury...
In an interview with Swiss newspaper Neue Zuercher Zeitung, Swiss National Bank (SNB) Vice Chairman Fritz Zurbruegg said the central bank is not worried about the United States labeling the country a currency manipulator.
He went on to tell the media outlet, monetary policy operations such as...
The United States and Switzerland revealed on Thursday that the Swiss Humanitarian Trade Arrangement (SHTA) has been completed.
The agreement is intended to expand the trade "of humanitarian goods to the Iranian people while safeguarding against the Iranian regime's diversion of...
Switzerland's Department of Economic Affairs announced in a statement on Tuesday it has launched a dispute at the World Trade Organization (WTO) against the United States as a result of Washington's decision to introduce tariffs on steel and aluminum imports.
"From Switzerland's point of view,...
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