(Bloomberg) -- Switzerland said it remains in talks with the US after Washington proposed fresh tariffs on imports from major trading partners, adding that negotiations to finalize a broader trade deal are continuing.

The United States is threatening Switzerland with new tariffs of 12.5% on products linked to forced labour.

(Bloomberg) -- Switzerland said it remains in talks with the US after Washington proposed fresh tariffs on imports from major trading partners, adding that negotiations to…

While the latest tariff threats from the US would weigh on Swiss firms, Economiesuisse said they were less severe than earlier rounds of tariffs.

Swiss President Guy Parmelin says new US tariffs on Swiss goods come as no surprise, as talks continue toward a bilateral trade deal.