The president of Switzerland awaits Guine “Espírito Santo” conversations about tariffs between the United States and China
The president of Switzerland regretted the “disappointing” negotiations with the Secretary of the Treasury of the United States, which did not alleviate the strict Swiss products, but expressed the hope of a solution to a more consistent confrontation of the China American commercial war this weekend.
However, Karin Keller-Sutter, who is also a Swiss finance minister, said he was encouraged by conversations with the United States Secretary of the United States, Scott Besent, while Berna tries to escape from 31% heavy in Swiss products as part of Trump’s reciprocal tariffs in countries around the world.
The meeting was just a snack for conversations that can move the market on Saturday and Sunday between Besent and the vice president of Chinese vice president that Lifeng in Geneva.
Keller-Sutter also met the Chinese envoy, but said it was just a courtesy.
As for the conversations between the United States and China, the Swiss leader alluded to the election of the first pontiff born in the United States, Pope Leo XIV, and granted him: “He told Secretary Besent that apparently the Holy Spirit was yesterday in Rome and I hope that the Geneva arrives on the weekend.”
The conversations have been involved in Secretism and Chinese and American parts have refused to specify where they will take place in Geneva, who welcomed the president of the United States, Joe Biden, and the Russian President Vladimir Putin in 2021 before the total invasion of Ukraine through Russia.
Although the US administration has temporarily suspended the most severe rates against all target countries, except China, the 31% rate, if it is restored, would put Switzerland in a worse position than its neighbors of the European Union, which is expected to face 20% of US tariffs.
The Swiss government said that conversations with Besent and the United States commercial representative Jamieson Greer were “living and constructive” and aimed to establish guidelines for an agreement on the custom rights that will be discussed again in the coming weeks.
On April 9, a week after Trump announced the “reciprocal” customs rights package, the president of the United States spoke with Keller-Sutter on the phone and then announced a break in his application for 90 days and limited the additional customs rights of the United States to most countries, with the remarkable exception of China.
“Of course it is disappointing,” said Keller-Sutter when asked about the lack of an agreement in the conversations with Besent before referring to his previous telephone conversation with Trump.
“I also told President Trump that this was not fair. But, on the other hand, we are not looking back, we are waiting.”
“And the conversations we had really encouraged us to find a solution, and the American side really got involved with Switzerland to find a quick solution,” he told reporters.
Keller-Sutter highlighted the Swiss investment in the United States, saying that he created 400,000 jobs and “an average salary of $ 130,000 (115,000 euros), which is much.”
The Swiss president said he did not know if his connection with Trump convinced him to reduce tariffs before adding with a laugh: “He should listen to women.”
The United States imposed 145% rates on Chinese and Beijing products responded with 125% tariffs on US products.
ADVERTISINGOn Friday, Trump ventured to the hypothesis that tariffs could be drastically reduced in a publication on social networks.
“80% in China’s rates seem good to me!” Trump wrote on his social network before referring to Besent: “Even Scott B.,” he added.
