The United States has imposed a 39% tariff on Swiss goods exports, effective from August 7, 2025, as part of President Donald Trump's ongoing trade policies. This tariff affects key Swiss export sectors such as machinery and pharmaceuticals, significantly impacting Switzerland's trade outlook. The move has surprised Switzerland, a country known for its independent trade stance, and has prompted concerns about its economic relationship with the US. Despite Switzerland being the sixth-largest foreign investor in the US and bilateral trade having quadrupled over the past 20 years, the new tariffs have placed the country at the center of the US trade war. Switzerland is reportedly seeking ways to respond and mitigate the effects of these tariffs, while the recent EU-US trade agreement is seen as sidelining Swiss interests in the transatlantic trade landscape.