The Swiss government is ready to continue trade negotiations with the United States after August 7 and is committed to making a more attractive proposal.

Currently, Switzerland has no plans to apply retaliatory measures against the United States because the trade surplus is not due to the implementation of unfair policies, and is also aiming to diversify trade relations.

MAIN CONTENT

  • Switzerland is ready to continue trade negotiations with the United States after August 7th.

  • No retaliatory measures are considered due to the legitimate trade surplus.

  • The Swiss government is committed to diversifying international trade relations.

How did the Swiss government react to the US tariff decision?

Switzerland says it will continue negotiations with the United States after the August 7 deadline if necessary and aims for a more attractive trade proposal.

This move demonstrates professionalism and responsibility in managing Switzerland's trade policy, demonstrating a commitment to meeting the requirements of the US partner while protecting national interests.

Why doesn't Switzerland immediately apply retaliatory measures?

Switzerland does not consider the trade surplus with the United States to be due to unfair trade practices, so it has not considered applying retaliatory measures.

From the government's perspective, the trade surplus is generated from legitimate factors and does not affect the balance of fairness between the two countries. Therefore, waiting and continuing negotiations are considered a more effective approach than retaliatory measures that could escalate tensions.

Switzerland is also focusing on diversifying trade relations to minimize the risk of dependence on a single market, which is a long-term strategy to help maintain national economic stability.

How does the 39% tax affect US-Swiss trade relations?

The US President announced a 39% tax on Swiss goods, but this measure has been postponed until August 7 to create an opportunity for negotiation.

The new tariff will create direct financial pressure on products imported from Switzerland into the US market, potentially negatively impacting Swiss exporting businesses and the bilateral supply chain. The postponement of the tariff indicates that the United States still wants to maintain trade dialogue, avoiding immediate escalation of tensions.

Both sides have a strong economic development interest in the trade relationship, so maintaining dialogue and seeking effective negotiation solutions is an important step to protect common interests.

The Swiss government is "committed to working with the United States to establish a sustainable cooperation platform, ensuring healthy and balanced trade development."

Official statement by a representative of the Swiss Ministry of Economic Affairs, August 4, 2024

What measures does Switzerland prioritize in its trade diversification strategy?

Switzerland focuses on expanding trade relations with many different markets in order to reduce dependence on the United States and traditional partners.

The government is promoting new bilateral agreements and investing in potential markets in Asia, Africa, and Latin America. At the same time, Switzerland is also developing high-tech industrial and service sectors to enhance international competitiveness and reduce risks from market volatility.

This strategy helps increase the sustainability of the economy while maintaining its trade position on the international stage in the long term.

Frequently asked questions

Does the Swiss government agree with the US 39% tax?

Switzerland does not agree with this tax but prioritizes negotiations to resolve it before the tax is applied.

Is Switzerland's trade surplus with the United States illegal?

No, the Swiss government affirms that the trade surplus is legitimate and not due to unfair trade policies.

Will the new US tax reduce Swiss exports?

The 39% tax could negatively impact Swiss exports if applied, due to higher costs for goods.

What is Switzerland doing to reduce dependence on the US market?

Switzerland diversifies trade relations, expands to many other markets, and develops new industries.

When will the two sides resume trade negotiations?

Negotiations will continue after August 7, 2024, depending on the specific developments of the trade situation.

Source: https://tintucbitcoin.com/thuy-si-dam-phan-tien-dien-tu-voi-my/

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