Trade negotiations in Washington have failed to yield a breakthrough between Switzerland and the United States, according to Swiss president Guy Parmelin. Parmelin said a meeting with US Trade Representative Jamesion Greer had taken place in a friendly atmosphere as Switzerland presented a declaration of intent. This sets out how Switzerland intends to implement the agreements set out in the Joint Statement issued by the two nations in November 2025. The Joint Statement is due to expire towards the end of July. Switzerland has fulfilled all concessions and implemented them swiftly, said Parmelin. “We are a reliable partner; once we have made a commitment, we honour it. We expect the same from the US side – a deal is a deal,” said Parmelin, who is also Swiss economics minister. But Parmelin was unable to secure a commitment that the US would continue to abide by last year’s agreement. Furthermore, Switzerland remains vulnerable to US investigations under Section 301 of the US Trade Act.