Washington: A delegation of Swiss business executives has reportedly played a pivotal role in thawing strained trade relations between Switzerland and the United States, potentially paving the way for a reduction in punitive U.S. tariffs on Swiss goods. The news, first reported by Swiss tabloid Blick, highlights how private-sector diplomacy may complement traditional government negotiations in resolving high-stakes trade disputes.

The trade tension dates back several months when the U.S. imposed tariffs of up to 39% on a range of Swiss exports, including watches, precision machinery, and other high-value goods. The tariffs, among the highest imposed by the United States in recent years, created immediate financial pressure on Switzerland’s export-driven economy. Swiss officials repeated

See Full Page