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.

Swiss President Karin Keller-Sutter flew to the U.S. in a last-minute effort to make an “attractive tariff offer” to counter Trump’s 39% tariff taking effect on August 7.