Tensions are rising between Switzerland and the United States as the deadline for new U.S. tariffs approaches. President Trump announced last week that he intends to impose a 39% tariff on Swiss goods, with the tariffs scheduled to take effect later this week. The move has sparked concern in Switzerland and uncertainty about the future of trade relations between the two countries. Industries reliant on exports to the U.S. are particularly worried about the potential impact on their competitiveness and profitability.