Guy Parmelin, the Swiss Minister of Economy, stated that the government will act quickly before the US tariffs are imposed on August 7. He emphasized the need to understand the reasons behind the US President's decision and mentioned potential solutions, including purchasing US liquefied natural gas and increasing Swiss investments in the US. Swiss officials denied reports of higher tariffs following a tense phone call between Keller-Sutter and Trump. The tariffs could significantly impact Switzerland's export-oriented economy, with potential GDP shrinkage and recession risks. Teljes cikk (Portfolio.hu)