Switzerland has announced it will continue negotiations with the United States to reduce the punitive tariffs that came into effect recently. The tariffs, set at 39%, impact nearly 60% of Swiss exports to the US. The Swiss government confirmed that discussions are ongoing and focused on lowering these additional tariffs. Despite the impact on Swiss businesses, no countermeasures are currently being considered by Switzerland. The government has not disclosed further details about the talks but emphasized its commitment to seeking relief measures for affected Swiss companies.