Robust Swiss companies should avoid reacting too quickly to the 39% customs duties imposed by Washington, says Didier Chambovey, Switzerland’s former ambassador to the World Trade Organization. He believes patience is the wiser strategy until the current trade negotiations are concluded. + Get the most important news from Switzerland in your inbox "For companies that have their shoulders broad enough to withstand the current situation, I would advise not to react hastily to the duties," says the 64-year-old in an interview published by L'Agefi. "In fact, it is not excluded that an agreement on a lower rate could be reached and I sincerely hope that the current discussions will have a positive outcome." "It is also necessary to be well acquainted with the new US customs regime, which has become very complex," the Valais diplomat continued. "This applies in particular to rules of origin. Companies that do not have the necessary resources can turn to specialised brokers or entities ...
