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Allies are pleading with Trump to stand strong against Moscow as he pushes for a partial ceasefire despite the warring sides trading accusations of ongoing strikes.
The impact of the announced tariffs on the Swiss economy remains difficult to assess, but Parmelin said "one should not expect Switzerland to go into recession".
China's rise in all areas of power has been identified for years by the US as its main threat, and was behind Barack Obama's strategic Asia-Pacific pivot.
President Donald Trump's two months back in the White House have been marked by soaring friction between Washington and its European allies.
China's top economic planner Zheng Shanjie acknowledged that "uncertainty in the external environment is further increasing".
Then the CDU/CSU and SPD will have to hammer out the rest of the coalition agreement before they can take office.
The resources deal is intended to give the United States access to rare-earth and other critical minerals.
Asked Wednesday if he would stop China taking control of Taiwan by force, Trump said "I never comment on that".
Trump also signed an executive order on Wednesday broadening DOGE's power to review federal spending on contracts, grants and loans.
Russian forces have pushed further into eastern Ukraine in recent months and have seized back territory in the Kursk region.
Moscow has also touted the possibility of US investment in strategic minerals found in Russia and in parts of Ukraine under the control of Russian troops.
The meeting comes just one day after the UN Security Council adopted a US resolution on Ukraine that was supported by Russia.
France and Britain notably could have vetoed the resolution, which merely "implores a swift end to the conflict" without blaming Russia.
