Switzerland Criticizes U.S. Tariffs, Awaits Diplomatic Resolution

Switzerland's government criticized the Trump administration's tariffs, labeling them as puzzling, but refrained from immediate retaliatory measures. The newly imposed U.S. import duties are higher on Swiss goods at 31% compared to 20% on EU imports and 10% on British goods, sparking diplomatic tensions.

In response to unexpected trade tariffs from the United States, Switzerland's government expressed its bewilderment, branding the measures as 'incomprehensible'. The tariffs, directed by President Donald Trump, place heavier levies on Swiss goods than those from the European Union or Britain.

President Trump has imposed a hefty 31% tariff on imports coming from Switzerland. In comparison, goods from the European Union face a 20% duty, while British imports are subject to only a 10% tariff, highlighting a significant disparity in trade policies.

Despite these challenges, Switzerland's government announced it currently has no plans for retaliation. The decision signifies a quest for diplomatic avenues to resolve the trade discrepancies and avoid escalating trade tensions between the nations.

(With inputs from agencies.)