In Geneva, Switzerland’s President Karin Keller-Sutter held key talks with US Treasury Secretary Scott Bessent and trade adviser Jamieson Greer, aiming to reduce steep tariffs on Swiss goods. The Swiss government described the meeting as “friendly and productive,” as both sides outlined early steps toward a possible customs agreement. Despite frustration over stalled progress, Keller-Sutter expressed hope that US leaders would ease the 31% tariffs still affecting Swiss exports. The talks come as global attention shifts to broader US-China trade discussions, also set to unfold behind closed doors in Geneva this weekend.
Geneva at the Center of Trade Diplomacy
Switzerland is trying to escape high tariffs from the US “reciprocal” trade policy introduced under former President Donald Trump. During the recent meeting, Keller-Sutter pressed the urgency of removing the 31% duty that still burdens Swiss exports, warning of lasting economic harm if the issue is not resolved.
The Swiss president said the Geneva meeting helped set the stage for progress. “We must move forward,” she told reporters, emphasizing the importance of continuing talks in good faith.
She also noted that Switzerland wants to avoid worse tariff terms than its EU neighbors, who are bracing for duties of up to 20%.
Swiss Concerns Over Unequal Tariffs
Keller-Sutter warned that if the US reimposes its maximum 31% duty, Swiss exporters would face a serious disadvantage. The temporary relief announced by Trump on April 9—pausing new tariffs for 90 days—excluded Switzerland. Most other countries received a cap of 10%, while China saw no relief at all.
She later spoke with Trump by phone to make a personal appeal. While the call did not lead to an immediate breakthrough, Keller-Sutter stayed hopeful. “He should listen to women,” she said with a smile, when asked if her words may have swayed him.
US-China Trade Dispute Adds to Tensions
The Geneva meetings take place in a tense trade climate. The US recently increased tariffs on Chinese goods to 145%. In response, China imposed 125% tariffs on a wide range of American products.
Earlier on Friday, Trump hinted at more action, writing online: “80% Tariff on China seems right!” He ended the post by leaving the final decision to Scott Bessent, stating: “Up to Scott B.”
Keller-Sutter clarified that her separate meeting with Chinese Vice Premier He Lifeng was diplomatic only. However, it underlined Switzerland’s role as a neutral ground for international dialogue, a position reinforced by its hosting of the 2021 Biden-Putin summit.
Pressing for Solutions in a Shifting Trade Landscape
Despite calling the pace of negotiations “disappointing,” Keller-Sutter stressed that Switzerland is committed to a solution. “We believe the US understands our concerns,” she said. She praised the open tone of the conversation and hoped for quick progress in future talks.
She also highlighted the strong economic ties between the two nations. Swiss companies employ 400,000 workers in the US, with average salaries of $130,000, according to official data.
“These jobs matter,” Keller-Sutter added. “And so does fairness in trade.”
While a deal has not been finalized, Swiss officials say the atmosphere of the Geneva talks was positive. They expect further meetings in the coming weeks and remain hopeful about shaping a tariff policy that supports growth and fairness.
As the US and China prepare for high-level trade discussions this weekend, Switzerland continues to press for equal treatment. The stakes remain high for Swiss industries, especially if the 31% tariffs return.