
Switzerland's president has lamented "disappointing" talks with US President Donald Trump's treasury secretary that did not ease stiff tariffs on Swiss goods, but expressed hope for a solution to a more consequential US-China trade war face-off in Geneva this weekend.
Nevertheless, Karin Keller-Sutter, who also serves as Switzerland’s finance minister, said she was encouraged by the talks with US Treasury Secretary Scott Bessent as Bern tries to wriggle out of hefty 31% tariffs on Swiss goods as part of Trump's sweeping "reciprocal" tariffs on countries around the world.