US-Swiss Trade Tensions Rise as Switzerland Blacklisted

Switzerland faces new trade challenges as the US adds it to a list of countries with 'unfair trade practices', despite Swiss officials defending their open market policies.

Key Takeaways

The United States has added Switzerland to a list of countries with unfair trade practices
Switzerland has a positive trade balance with the US
Switzerland has unilaterally abolished its industrial tariffs

By The Numbers

Swiss pharmaceutical tariffs

They Said

"We certainly can't be accused of being unfair. Switzerland has unilaterally abolished its industrial tariffs, we have no pharmaceutical tariffs. US companies can export their products to Switzerland duty-free"
— Helene Budliger Artieda, Director of SECO

"We have good arguments. And we have been doing exactly what President Trump wants for a long time."
— Helene Budliger Artieda

US Blacklisting Decision

Swiss Response and Defense

Trade Relations Analysis

Potential Implications

Sources & References

US blacklists Switzerland for "unfair trade"

SWI swissinfo.ch

Key Takeaways

The United States has added Switzerland to a list of countries with unfair trade practices
Switzerland has a positive trade balance with the US
Switzerland has unilaterally abolished its industrial tariffs

By The Numbers

Swiss pharmaceutical tariffs

They Said

"We certainly can't be accused of being unfair. Switzerland has unilaterally abolished its industrial tariffs, we have no pharmaceutical tariffs. US companies can export their products to Switzerland duty-free"
— Helene Budliger Artieda, Director of SECO

"We have good arguments. And we have been doing exactly what President Trump wants for a long time."
— Helene Budliger Artieda

Key Takeaways

By The Numbers

They Said

US Blacklisting Decision

Swiss Response and Defense

Trade Relations Analysis

Potential Implications

Sources & References

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