
Swiss government agreed negotiating mandate on tariffs with U.S.
BERLIN, May 28 (Reuters) - The Swiss government wants to resolve customs issues with the United States and has agreed a draft negotiating mandate on trade and economic topics to be sent to foreign policy committees and the cantons, it said on Wednesday.
It also said it does not expect an economic slump as a result of U.S. tariffs policy although exporters and their suppliers are affected, and the government has decided to stick to its programme of compensation for short-time work.
"Further developments are still unclear," said the Federal Council in a statement, adding the global slowdown was having a dampening effect on the Swiss economy.
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Whether you are a seasoned professional or new to content creation, the Create app equips you with the tools to produce impactful, professional-grade content efficiently. Media Credit: John Moore Filed Under: AI, Guides Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.