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Switzerland follows the EU with new sanctions against Russian oil
2025-08-12
Switzerland is stepping up its sanctions against Russia in the context of the war in Ukraine. The measures are aimed at Russia’s oil windfall. The European Union (EU) approved the same package of sanctions in mid-July, the 18th since the start of the war. A total of 14 new individuals and 41 new companies and …
US tariffs: pharma firms not planning job cuts in Switzerland
2025-08-10
The additional investments in the US will not lead to a reduction in jobs in Switzerland. This is according to pharmaceutical giant Roche, which expects the number of employees to remain stable in the current year. The position of Novartis is similar. “With our recent $50 billion (CHF 40.4 billion at today’s exchange rate) investment …
Swiss government aims to remain in dialogue with US on tariffs
2025-08-07
Continuing talks, supporting affected industries and easing the burden on companies: this is the strategy the Swiss government is pursuing in the tariff dispute with the US. The executive will continue to refrain from taking countermeasures, it said on Thursday. +Get the most important news from Switzerland in your inbox The tariffs of 39% imposed …
Swiss president travels to Washington in bid to ease tariffs
2025-08-05
Swiss President Karin Keller-Sutter and Economics Minister Guy Parmelin are travelling to Washington on Tuesday. According to the government, the aim is to facilitate short-term meetings with US authorities and talks on improving Switzerland’s customs situation. +Get the most important news from Switzerland in your inbox A small delegation, including the State Secretary for Economic …
Swiss president should have met Trump in Scotland, says ex-diplomat
2025-08-04
Swiss President Karin Keller-Sutter would have been better off meeting US President Donald Trump in Scotland alongside the European Union. This is according to former Swiss ambassador Thomas Borer. +Get the most important news from Switzerland in your inbox But now that the 39% US tariffs have arrived, it is a matter of reacting, perhaps …
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