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Aug 9, 2025  |  
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Timothy Nerozzi


NextImg:Swiss president flies to DC hoping for better tariff deal with Trump

Swiss President Karin Keller-Sutter is leading a diplomatic trip to Washington, hoping to negotiate down the tariffs imposed by President Donald Trump last week.

The Swiss delegation is hoping to talk White House officials down from the staggering 39% tariffs set to take effect on Thursday — an economic penalty that would have cascading effects on domestic industries such as confections and timepieces.

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Switzerland’s Federal Department of Finance announced Tuesday that Keller-Sutter, joined by Vice President Guy Parmelin, is seeking to “facilitate meetings with the US authorities at short notice and hold talks with a view to improving the tariff situation for Switzerland.”

Swiss President Karin Keller-Sutter attends the Informal Meeting of EU Ministers for Economic and Financial Affairs and Central Bank Governors on Friday, April 11, 2025, in Warsaw, Poland. (AP Photo/Czarek Sokolowski)

“The aim is to present a more attractive offer to the United States in a bid to lower the level of reciprocal tariffs for Swiss exports, taking US concerns into account,” the statement adds.

Keller-Sutter’s team is taking an aggressive posture in the negotiations, announcing the trip without a formal invitation from the White House.

Trump has played hardball with Switzerland over the past few months. He initially pushed for a 31% tariff on the nation in April but surprised Swiss officials with an even more punishing 39% rate last week.

“We have a $40 billion deficit with Switzerland,” Trump ruminated on Friday. “That’s a big deficit.”

Keller-Sutter has been accused of mishandling a phone call with Trump the day before tariffs were set to be implemented against various European nations last week.

The president himself has voiced a sense of frustration with Keller-Sutter, claiming she was nice but demanding too much.

“Look, I did something with Switzerland the other day,” Trump told CNBC last week. “The woman was nice, but she didn’t want to listen, and they paid essentially no tariffs.”

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“And I said, ‘We have a $41 billion deficit with you, madam … and you want to pay 1% tariffs,'” Trump recalled. “I said, ‘You’re not going to pay 1%,’ we lose, because I view deficit as loss.”

Trump’s crusade to revitalize U.S. industries continues as he promises to raise import duties on computer chips and semiconductors as high as 250%, hoping the penalties will bring manufacturing back to U.S. shores.