Swiss Pres. Keller: Authorities disenchanted by US tariffs imposed on nation

Swiss Pres. Keller is talking after the US imposed a 39% tariff on Switzerland imports:The

• The federal government disenchanted by US tariff imposed on nation.
• Earlier talks had been very constructive, 39% tariff is way larger than what was negotiated.
• US tariffs could have very unhealthy impact on Swiss financial system.
• Though prescribed drugs not affected, US tariffs are very unhealthy for Swiss equipment watch sectors.
• Swiss authorities staying in contact with US facet, has already made contact.
• Switzerland already has no industrial tariffs, and has pledged funding within the US.
• Very tough for Switzerland to supply extra concessions to the US.

This text was written by Emma Wang at investinglive.com.