As the August 1 deadline looms, Switzerland‘s President Karin Keller-Sutter adopts a humble stance regarding potential US customs duties, following a recent agreement between the EU and the United States that imposes a 15% tariff on European exports.
Donald Trump’s initial declaration of a 31% tariff on Swiss imports in April was temporarily suspended to allow for negotiations.Though, the final decision is expected by August 1, a date that could cast a shadow over Switzerland’s national day celebrations.
>> Related: EU and US Agree on 15% Customs Tax for European Products
Awaiting the Verdict
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In a traditional pre-national holiday interview with RTS, President Keller-Sutter emphasized the need for patience. Despite a declaration of intent signed between Bern and Washington and validated by the Federal Council, the final approval from American authorities remains pending.
“Switzerland is a small country,” Keller-Sutter stated. “We are not a superpower. We have economic influence, but not political power. We must accept this reality.” She added, “However, we should not underestimate our own standing.”
Significance of April Discussions
Reflecting on her April meeting with Donald Trump, Keller-Sutter acknowledged its crucial role. “The meeting I had with him in April was very significant. On one hand, it opened doors for Guy Parmelin and myself to meet the US Secretary of the Treasury, and on the other hand, it paved the way for successful negotiations.”
>> Also read: Karin Keller-Sutter Discusses Customs Duties with Donald Trump via Phone
The President concluded with a sense of resignation: “Now, it is in the hands of the United States, in the hands of President Donald Trump.”
The American president is expected to deliver his verdict by August 1 at the latest.
>> Discussion on Forum:
Interview by Agnรจs Wuthrich
Web text by Fabien Grenon