U.S. President Donald Trump last week said he would impose 39% tariffs on Swiss goods starting later this week.

European stock markets slumped to a five-week low on Friday after Donald Trump unleashed sweeping global tariffs, including a 39pc levy on Switzerland.

The duty would be a "devastating" blow to the export-reliant Swiss economy and businesses, analysts say.

GENEVA: The Swiss government said Friday it would negotiate with the United States to try to avoid the tough 39-percent US tariff rate that would harm key industries. As part of a…

La Confederazione elvetica tra i Paesi più penalizzati dalle tariffe americane. La nuova aliquota è persino superiore al 31% indicato da Trump ad aprile. A rischio l’export di…

Trump threatened Switzerland with 31% tariffs but they ended up even higher, leaving the country asking why.

European nation faces 39-percent tariff rate as Trump administration unveils new duties on dozens of trade partners.

ZURICH/WASHINGTON: US President Donald Trump’s latest wave of tariffs on exports from dozens of trading partners sent global stock markets tumbling on Friday and countries and…

Sono del 39 per cento, tra i più alti del mondo, e sono arrivati inaspettati

U.S. President Donald Trump last week said he would impose 39% tariffs on Swiss goods starting later this week.

Karin Keller-Sutter accused of mishandling talks as shares dive after Switzerland hit with 39% tariff

The Swiss government said it had “no indication” the country would be hit with a 39 percent tariff, which is set to take effect this week.

ZURICH: Switzerland’s president and economy minister were due to fly to Washington on Tuesday in a last-minute push to stop steep new tariffs that have blindsided the Alpine…

Switzerland is facing potential U.S. tariffs of 39% if a deal is not struck by Thursday.

Alpine nation hit by US tariffs scrambles to make a deal before president’s Thursday deadline

Der Handelskonflikt zwischen der Schweiz und den USA eskaliert, nachdem Zölle auf 39 Prozent erhöht wurden. Das bedroht die Wettbewerbsfähigkeit vieler Schweizer Unternehmen.

In an interview with CNBC on Tuesday, Trump said “We have a $41 billion deficit" with Switzerland. It was not immediately clear where that $41 billion figure came from.

Swiss goods could soon be slapped with 39% tariffs — but Switzerland has further challenges to face when it comes to the Trump administration.