Swatch CEO calls on Swiss president to meet Trump to solve tariff dispute
Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on August 7.
'Karin Keller-Sutter is the boss of the Swiss government, she is the president,' Hayek said. 'She should take the plane and go to Washington. That would increase the chances of a deal enormously.
'It's not doomsday. Of course a settlement can be reached. Why would Donald Trump say tariffs are coming on August 1 and not implement them until the 7th? The door is always open,' Hayek said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Arabiya
2 hours ago
- Al Arabiya
Trump says he will ‘substantially' raise tariffs on India over Russian oil purchases
US President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil. 'India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don't care how many people in Ukraine are being killed by the Russian War Machine,' Trump said in a post on Truth Social. 'Because of this, I will be substantially raising the Tariff paid by India to the USA.'
Al Arabiya
3 hours ago
- Al Arabiya
Swiss readying ‘more attractive offer' to dodge Trump's 39 percent tariff: Govt.
Switzerland on Monday said it would offer the United States a sweetened deal to try and avoid a punitive 39 percent tariff slapped on the Alpine nation by President Donald Trump. Switzerland 'will continue negotiations with the aim of reaching a trade deal' and stands 'ready to present a more attractive offer, taking US concerns into account and seeking to ease the current tariff situation,' a Swiss Federal Council statement said.
Al Arabiya
6 hours ago
- Al Arabiya
Iran says US accountability for attacks on nuclear sites part of any future talks
Iran said Monday it would hold the United States accountable for attacks on its nuclear sites in any future negotiations, while ruling out direct talks with Washington. The United States struck key Iranian nuclear facilities on June 22, briefly joining a war launched by Israel that had derailed talks on Tehran's atomic program. 'In any potential negotiation... the issue of holding the United States accountable and demanding compensation for committing military aggression against Iran's peaceful nuclear facilities will be one of the topics on the agenda,' foreign ministry spokesman Esmaeil Baqaei told a press briefing on Monday. Asked whether Iran would engage in direct talks with the United States, Baqaei said: 'No.' In mid-June, Israel launched an unprecedented attack targeting Iranian nuclear and military sites, but also hitting residential areas over 12 days of war, which US forces joined with attacks on nuclear facilities at Fordo, Isfahan and Natanz. The fighting derailed talks that began in April and had been the highest-level contact between Tehran and Washington since the United States abandoned in 2018 a landmark agreement on Iran's nuclear activities. Following the war, Tehran has suspended cooperation with the United Nations' nuclear watchdog and demanded guarantees against military action before resuming any negotiations. Washington has dismissed Tehran's call for compensation as 'ridiculous.' Baqaei said on Monday that Iran was committed to the nuclear non-proliferation treaty, but criticized what he described as the 'politicized and unprofessional approach' of the International Atomic Energy Agency (IAEA). The foreign ministry spokesman said that the IAEA's deputy chief is expected in Iran 'in less than 10 days.' Last month, Iran said future cooperation with the UN agency would take on a 'new form.' On July 25, Iranian diplomats met with counterparts from Germany, Britain and France, in the first meeting since the war with Israel ended. The three European powers are parties to the 2015 nuclear deal, which unraveled after the US withdrew during Trump's first term. In recent weeks, the trio has threatened to trigger sanctions if Tehran failed to agree a deal on uranium enrichment and cooperation with UN inspectors. Iran has repeatedly called reimposing sanctions 'illegal' and insisted on its right to enrich uranium. Israel and Western nations accuse Iran of pursuing nuclear weapons, a charge Tehran has consistently denied.
