Swiss president to meet Rubio as surprise tariff hike looms / Photo: Drew ANGERER - AFP
-
US government gets a year of ChatGPT Enterprise for $1
-
Trump calls Putin-Witkoff talks 'highly productive' but sanctions still due
-
Egypt sets opening of $1 bn Pyramids museum for Nov 1
-
Prince Harry, African charity row rumbles on as watchdog blames 'all parties'
-
Brazil seeks WTO relief against Trump tariffs
-
Isak told to train alone by Newcastle - reports
-
McDonald's sees US rebound but says low-income diners remain stressed
-
Trump hikes India levy over Russian oil as tariff deadline approaches
-
Swiss president hopes Washington talks avert surprise tariff
-
France wildfire kills one as Spanish resort evacuated
-
Stocks higher with eyes on earnings, US tariff deadline
-
Vonn appoints Svindal as coach ahead of 2026 Olympics
-
Backlash after 'interview' with AI avatar of US school shooting victim
-
Darth Vader's lightsaber could cost you an arm and a leg
-
Swiss president to meet Rubio as surprise tariff hike looms
-
Israel orders army to execute govt decisions on Gaza
-
Berlin wary as Berlusconi group closer to German media takeover
-
Italy approves plans for world's longest suspension bridge
-
Arsenal have 'belief' to end trophy drought, says Arteta
-
Putin decree allows Russia to increase greenhouse gas emissions
-
Putin holds 'constructive' talks with US envoy Witkoff ahead of sanctions deadline: Kremlin
-
Liverpool set to cut losses with Nunez move to Saudi: reports
-
Stocks tick up with eyes on earnings, US tariff deadline
-
German broadcast giant backs takeover by Berlusconi group
-
Pro-Trump nationalist becomes Poland's new president
-
Putin meets US envoy Witkoff ahead of sanctions deadline
-
UK watchdog bans Zara ads over 'unhealthily thin' model photos
-
Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss Re
-
Rebuilding in devastated Mariupol under Russia's thumb
-
One dead, nine injured in huge France wildfire
-
German factory orders fall amid tariff, growth woes
-
Turkmenistan's methane-spewing 'Gateway to Hell' loses its anger
-
Markets tick up but traders wary as Trump tariffs temper rate hopes
-
A year on, Ugandans still suffering from deadly garbage collapse
-
Ozempic maker Novo Nordisk posts strong results but competition weighs
-
Prince Harry cleared of 'bullying' in African charity row
-
Taiwan's orchid growers dig in as US tariffs shoot up
-
Markets tick higher but traders wary as Trump tariffs temper rate hopes
-
Cuba activists say detained on anniversary of 1994 anti-Castro protest
-
Pro-Trump nationalist to take over as Poland's new president
-
Nawrocki: nationalist historian becomes Poland's president
-
Lavish 'Grand Mariage' weddings celebrate Comoros tradition, society
-
Russian cover bands take centre stage as big names stay away
-
Squeezed by urban growth, Nigerian fishermen stick to tradition
-
One dead, nine injured in wildfire in southern France
-
Chikungunya in China: What you need to know
-
Hong Kong's Cathay Pacific unveils deal to buy 14 Boeing jets
-
US envoy Witkoff arrives in Russia ahead of sanctions deadline
-
Indian army searches for scores missing after deadly Himalayan flood
-
Steeper US tariffs take effect on many Brazilian goods
NYSE - LSE
| CMSC | -0.3% | 23 | $ | |
| RBGPF | 1.42% | 76 | $ | |
| SCU | 0% | 12.72 | $ | |
| RYCEF | 0.9% | 14.48 | $ | |
| VOD | 1.9% | 11.315 | $ | |
| SCS | 0.28% | 16.005 | $ | |
| NGG | 0.3% | 72.495 | $ | |
| RIO | 0.91% | 60.25 | $ | |
| RELX | -3.57% | 48.845 | $ | |
| BCE | -1.97% | 23.105 | $ | |
| BP | 0.8% | 33.87 | $ | |
| GSK | -1.29% | 36.845 | $ | |
| BTI | 0.92% | 56.36 | $ | |
| AZN | -1.26% | 73.55 | $ | |
| JRI | 0.49% | 13.325 | $ | |
| BCC | -4.54% | 83 | $ | |
| CMSD | -0.47% | 23.4 | $ |
Swiss president to meet Rubio as surprise tariff hike looms
Switzerland's president met with her country's business representatives Wednesday in Washington -- ahead of scheduled talks with the US secretary of state -- in a last-minute visit as she scrambles to avoid a surprise tariff hike.
The Alpine country faces a 39-percent duty on many of its exports to the United States come Thursday, one of the highest levels among dozens of economies due to be hit by President Donald Trump's upcoming tranche of tariffs.
President Karin Keller-Sutter and Economy Minister Guy Parmelin hurried to Washington "to facilitate meetings with the US authorities at short notice and hold talks with a view to improving the tariff situation," the Swiss government said in a statement.
On Wednesday morning, Keller-Sutter and Parmelin arrived at the State Department in Washington for their scheduled talks with US Secretary of State Marco Rubio.
The White House previously told AFP that there was, for now, no meeting planned with Trump -- who threatened in April to slap a 31-percent tariff on Swiss goods.
It remains unclear if the Swiss delegation will meet with top US economic officials during their trip.
Trump surprised the country last week when Washington released an updated list of tariff levels for dozens of US trading partners, due to take effect Thursday, showing the Swiss duty would be raised to 39 percent.
This is significantly higher than the 15-percent level faced by economies like the European Union, Japan and South Korea.
On Tuesday, Trump told CNBC in an interview that he "did something with Switzerland the other day" and spoke to Keller-Sutter.
"The woman was nice, but she didn't want to listen," he added.
The wave of US tariffs taking effect Thursday do not cover sectors that are being separately targeted by US investigations such as pharmaceuticals, a key sector for Switzerland.
But Trump signaled that fresh duties on pharmaceutical imports could be announced within the week, starting at a low level before potentially surging as high as 250 percent.
S.Gregor--AMWN