Core Viewpoint - The United States has imposed a punitive tariff of 39% on Switzerland, making it one of the countries facing the highest tariffs from the U.S. This has led to significant backlash and criticism within Switzerland regarding the negotiation strategies of President Keller-Zuterl [1][2]. Group 1: Tariff Impact - The 39% tariff affects a majority of Swiss industrial exports to the U.S., including luxury watches and medical devices [1]. - Analysts predict that the tariffs could reduce Switzerland's GDP by 0.3% to 1% [1]. - The Swiss government had previously believed they had reached a preliminary agreement for a 10% tariff, which was abruptly changed by President Trump [1]. Group 2: Political Reactions - There is widespread criticism of Keller-Zuterl's negotiation approach, with local media labeling it a significant political failure [2]. - Swiss officials are calling for the cancellation of a multi-billion dollar deal to purchase F-35 fighter jets from the U.S. as a response to the tariffs [1]. - The Swiss government is preparing for an emergency cabinet meeting to discuss future strategies following the tariff imposition [2]. Group 3: Economic Consequences - The tariffs are expected to have a major impact on Switzerland's export-driven economy, with thousands of jobs at risk [2]. - Swiss cheese producers have expressed concerns about the inability to quickly find alternative markets to replace the U.S. market [2]. - The Swiss trade surplus with the U.S. is significant, amounting to $38.5 billion, which has drawn the ire of the Trump administration [2].