Switzerland’s economy will prove resilient enough to largely shake off the shock of US tariffs over the next year or so, according to a Bloomberg survey of economists.

Karin Keller-Sutter admires the grit of former British Prime Minister Margaret Thatcher and as Swiss president is known as technocratic and tenacious. Those traits look to have backfired when she faced off with Donald Trump and led her country into crisis.

Swiss President Karin Keller-Sutter and Business Minister Guy Parmelin flew to Washington on Tuesday, the government said, in a last-ditch effort to avoid the 39% tariffs announced by President Donald Trump on exports to the United States.