Wielding a medieval halberd, the president of the conservative Swiss People’s Party lays out the choice Switzerland faces: a simpler life that the country’s founders spelled out in a one-page declaration more than 700 years ago or a 2,

Switzerland is ready to make a "more attractive offer" in trade talks with Washington, its government said on Monday, following a crisis meeting aimed at averting a 39% U.S. import tariff on Swiss goods that threatens to hammer its export-driven economy.

The 39% punitive tariffs threatened by U.S. President Donald Trump have caused an uproar in Switzerland. But how important are U.S. exports to the economy? And is Switzerland now teetering on the edge of an economic crisis?