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Swiss Jura region hit hard by US tariffs
2025-09-18
The economy of the Jura region in western Switzerland is suffering as a result of the tariffs imposed by the United States. Since the beginning of September, more than 100 companies, employing a total of 4,000 people, have applied for short-time work compensation. This affects around 10% of the canton’s workforce. These figures are quoted …
Swatch CEO on tariffs: ‘whole world saw Switzerland panic’
2025-09-15
Swatch CEO Nick Hayek accuses the Swiss federal government of a lack of leadership in the tariff dispute with the United States. +Get the most important news from Switzerland in your inbox Switzerland showed signs of weakness and panicked before the eyes of the whole planet, he says: in his opinion, the government should have …
Swiss watchmaking industry grapples with spike in US trade tariffs
2025-09-12
The 39% tariffs on Swiss exports to the United States, introduced in August, are a heavy blow for Swiss watchmakers. Industry journalist Alexey Tarkhanov went to the Geneva Watch Days trade fair to get a feel for the mood. The announcement had already cast a shadow over Swiss National Day, August 1. One month later, …
Explainer: How the new US tariffs are already impacting the Swiss economy
2025-09-08
On August 1, US President Donald Trump announced a tariff of 39% for Switzerland. The effects are slowly becoming visible. Only five countries have higher tariffs for their exports to the US than Switzerland. Of all the industrialised nations and European countries, Switzerland has the highest US tariffs. At the same time, the US has …
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