Swiss President’s Failed Trump Call Triggers 39% US Tariffs, Market Chaos

Swiss President Karin Keller-Sutter's failed phone call with Trump resulted in 39% U.S. tariffs on Swiss imports, sparking market plunges in pharma and luxury sectors, economic fallout, and calls for her resignation. This highlights Switzerland's vulnerabilities in aggressive trade policies, prompting urgent renegotiations and a potential pivot to Asian markets.