Switzerland was stunned to be saddled with steeper tariffs than its neighbours in the European Union when U.S. President Donald Trump early last month unveiled a raft of proposed import duties on U.S. trading partners.
Parmelin, speaking at an event in Zurich, said Switzerland needed to diversify its trade relations and that it was important not to depend too much on one trading partner.
The United States is Switzerland's single biggest export market.
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