Karin Keller-Sutter, Switzerland's president and finance minister, announced that Switzerland is one of 15 countries engaged in privileged negotiations with the US to resolve recent tariff issues that have impacted global markets. Following discussions in Washington, including interactions with US treasury officials, she expressed satisfaction with the direction of talks. A memorandum of understanding is set to be created to facilitate ongoing negotiations, highlighting the importance of Switzerland-US trade valued at $185.9 billion in 2023, with Switzerland being a key market for American services.
Karin Keller-Sutter, the Swiss president, confirmed that Switzerland is among 15 countries the US will engage with for privileged negotiations regarding recent tariffs affecting global markets.
Following productive talks in Washington, including a meeting with US Treasury Secretary Scott Bessent, Keller-Sutter indicated that a memorandum of understanding will advance negotiations.
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