The government had had been engaged in intense diplomacy since August, when Switzerland was hit by the highest levy the Trump administration imposed on any developed country.
The latest requests for tariffs on products with steel elements came ahead of an October 21 deadline set by the DOC, the second consultation in three months.
President Donald Trump’s return to the White House in January kicked off a rollercoaster year for manufacturers, retailers and other U.S. industries dependent on goods from abroad.
Trump’s plan would pause tariffs on imports of ship-to-shore cranes and chassis from China, and fees levied on Chinese-built and -operated merchant ships calling at American ports.
The Swiss government says it was aware of the initiative, but the move may also reflect frustration among businesses after Trump slapped a 39% levy on Switzerland this summer.
The holiday season now rewards precision over speed. The brands that plan early, communicate clearly, and set prices honestly will win loyalty long after the presents are opened.
The standoff has prompted automakers and suppliers to slow production over concerns about shortages of Nexperia components, including transistors and logic chips.
The latest supply-chain news, analysis, trends and tools for executives in the technology and electronics industries. Learn how high-tech and electronics companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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