Switzerland expects weaker economic growth

The threat of United States tariffs has dampened Swiss economic growth expectations for 2026. + Get the most important news from Switzerland in your inbox Real gross domestic product (GDP) rose by just 0.1% on an adjusted basis compared to the starting quarter, as announced by the State Secretariat for Economic Affairs (Seco) on Thursday. + Trump tariffs threaten Swiss economic independence This confirmed an initial estimate published just under a fortnight ago. According to the press release, industrial value added in Switzerland and exports declined significantly. In contrast, the service sector has seen "broad-based" growth. The GDP development figure is adjusted for sporting events. It is well known that the Olympic Games and major football events distort Swiss GDP due to the licence revenues that accrue to the sports associations based in Switzerland. However, unadjusted GDP growth was also 0.1%. The Swiss economy was held back by US President Donald Trump's tariff policy. At ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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