Swiss Pres. Keller is speaking after the US imposed a 39% tariff on Switzerland imports:The government disappointed by US tariff imposed on country.Previous talks had been very constructive, 39% tariff is much higher than what was negotiated.US tariffs will have very bad effect on Swiss economy.Although pharmaceuticals not affected, US tariffs are very bad for Swiss machinery watch sectors.Swiss government staying in touch with US side, has already made contact.Switzerland already has no industrial tariffs, and has pledged investment in the US.Very difficult for Switzerland to offer more concessions to the US.The USDCHF has come off as a result of the weaker than expected US jobs report. The high price today extended up toward the 50% midpoint at 0.81732 ahead of the report. But the weaker data as push the price sharply lower and back below the rising 100 hour moving average at 0.80856. A swing area between 0.8054 and 0.80628 is also being reached. The rising 200 hour moving average comes in at 0.80159. This article was written by Greg Michalowski at investinglive.com.