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US President Donald Trump has again publicly criticized Switzerland, claiming the nation is 'brilliant' for paying 'almost nothing' and should 'pay much more'. The comments escalate pressure amid ongoing trade agreement negotiations.
4 months ago · 1 source
National Security
The Swiss government is evaluating the cancellation of its agreement to purchase the Patriot air-defence system from the United States due to significant delivery delays, the Defence Minister has confirmed, adding that payments have already been suspended.
The Local Switzerland · +1 more
Trade
The Trump administration has initiated a new trade probe into Switzerland and other partners, citing structural overcapacity in manufacturing. The investigation, based on a 1974 trade law, signals a potential new wave of tariffs and heightened economic friction.
SWI swissinfo.ch
Finance
The United States has labelled Zurich-based MBaer Merchant Bank a threat for primary money laundering, accusing it of channeling millions for entities linked to Iran and Russia. The US Financial Crimes Enforcement Network (FinCEN) aims to cut off the bank's access to the American financial system, prompting Swiss regulator FINMA to appoint an investigator.
SWI swissinfo.ch
US-Swiss Relations
A Swiss parliamentary delegation is in Washington for trade talks as the Swiss government clarifies that new US tariffs announced by President Trump are a replacement for, not an addition to, previous measures. The talks aim to explore a possible bilateral trade agreement.
SWI swissinfo.ch · +2 more
WEF 2026
US President Donald Trump's presence at the World Economic Forum was marked by assertive claims about Switzerland's dependence on the US, while Swiss President Guy Parmelin pursued 'courteous but firm' talks aimed at finalizing a crucial tariff deal.
SWI swissinfo.ch · +4 more
Business
Swiss aircraft manufacturer Pilatus has resumed exporting its PC-12 and PC-24 business aircraft to the United States, its primary market. Deliveries were temporarily halted due to uncertainty over US tariffs, but have now restarted, although the company is proceeding with plans for a US-based assembly plant.
SWI swissinfo.ch
Politics
Two Green Party lawmakers have filed a criminal complaint requesting an investigation into Swiss business leaders who reportedly gave extravagant gifts, including a Rolex and a gold bar, to former US President Donald Trump. The gifts were allegedly presented shortly before a significant tariff deal was agreed upon, raising questions of potential corruption.
The Local Switzerland · +1 more
