Politics9/2/2025Bloomberg

Merz Offers to Help Swiss Reduce ‘Exorbitant’ Trump Trade Tariff

Merz Offers to Help Swiss Reduce ‘Exorbitant’ Trump Trade Tariff

Chancellor Friedrich Merz of Germany has offered his country's support to Switzerland in its efforts to reduce the "exorbitant" trade tariff imposed by US President Donald Trump on the export-dependent Swiss economy. The tariff, which was introduced last month, has been a significant burden on Switzerland, a nation that relies heavily on exports. Merz has stated that Germany is willing to assist Switzerland in its attempts to negotiate a reduction in the levy, recognizing the impact it has had on the Swiss economy. The move by Merz represents a show of solidarity between the two European nations and a willingness to stand up against the trade policies of the Trump administration, which have been criticized for their protectionist nature and potential to disrupt international trade.

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