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Abstract:
This article details a critical, last-minute phone call between Swiss President Karin Keller-Sutter and then-US President Donald Trump, aimed at averting severe import tariffs on Swiss exports. New information reveals that Keller-Sutter's attempt to explain the trade deficit, perceived as "teacherly" by Trump, backfired significantly, potentially prompting Trump to arbitrarily increase the proposed tariffs beyond initial negotiations. The call, which lasted just over half an hour, ended abruptly after an implicit warning from Trump's team, followed by the immediate announcement of a 39% tariff on Swiss goods, one of the highest globally, despite prior optimism and a provisional 10% deal awaiting Trump's signature.
Karin Keller-Sutter's Unsuccessful Call with Donald Trump Over Tariffs
0:00 Escalating Tariffs Threat: On August 1st, Donald Trump announced a shocking 39% tariff on Swiss exports to the USA, posing a significant threat to the Swiss economy.
0:30 Last-Minute Diplomatic Effort: Swiss President Karin Keller-Sutter initiated a direct phone call with Trump just before the tariff deadline, hoping to prevent the economic blow.
0:45 Trump's Unwavering Stance on Trade Deficit: Despite initial pleasantries, Trump was in a "bad mood," immediately emphasizing the perceived oversized US trade deficit with Switzerland and rejecting a 10% tariff as insufficient.
1:10 "Teacherly" Explanations Backfire: For over half an hour, Keller-Sutter attempted to rationally explain the deficit's origins, which Trump increasingly found "oberlehrerhaft" (teacherly or pedantic), leading him to discuss tariffs exceeding 30%.
1:40 Negotiation Impasse: Keller-Sutter's efforts to dissuade him and reference a provisional 10% deal with Trump's negotiators were futile, as Trump showed no interest in further discussions.
2:00 Warning and Abrupt End: An SMS from Trump's inner circle to a Swiss official during the call advised ending the conversation to prevent escalation. The call concluded two minutes later, followed swiftly by the official announcement of the 39% tariffs.
2:30 Arbitrary Tariff Increase: The reason for the final 39% tariff (higher than previously discussed 31%) is unclear, but new details suggest it was an arbitrary and spontaneous decision by Trump, possibly influenced by the phone call itself.
2:45 Failed Prior Negotiations: Earlier in the year, Keller-Sutter had been among the first to engage Trump, leading to an initial tariff delay and a provisional 10% tariff deal that lay unsigned on Trump's desk for weeks, despite Swiss optimism.
3:15 The Point of No Return: Concerns about a lack of agreement only materialized the week before the August 1st deadline, culminating in Keller-Sutter's ill-fated final phone call on July 31st.