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US Secretary of Commerce confident of Swiss tariff deal
2025-09-12
United States Secretary of Commerce Howard Lutnick is confident about striking a customs deal with Switzerland, which is facing 39% tariffs for good exported to the US. +Get the most important news from Switzerland in your inbox “We will probably get a deal with Switzerland,” he said in an interview with the US broadcaster CNBC …
Swiss central bank invests in controversial companies
2025-09-10
The Swiss National Bank (SNB) is investing money in nine companies that are facing sharp international criticism for their military cooperation with Israel. At the same time, the SNB emphasises ethical principles. How does this fit together? +Get the most important news from Switzerland in your inbox Caterpillar is one of the nine companies. The …
Swiss await US Supreme Court ruling on tariffs
2025-09-10
The United States Supreme Court is set to rule on the legality of President Donald Trump’s tariff policy, which also impact Swiss imports duties. +Get the most important news from Switzerland in your inbox A hearing will take place in November, according to a Supreme Court document. Last week, Trump’s government applied to the Supreme …
Trump made direct financial demands during call with Swiss president
2025-08-17
During the telephone call between Karin Keller-Sutter and Donald Trump on July 31, Trump demanded direct payments from Switzerland, according to an investigation by SonntagsBlick. Contrary to initial assumptions, the conversation was not initiated by Keller-Sutter, but by the US Trade Representative.
US tariffs putting 100,000 jobs at risk in Switzerland
2025-08-16
United States tariffs of 39% on Swiss imports will directly affect 100,000 jobs in Switzerland, mainly in the watchmaking, machinery, metals, and food industries, warned the business umbrella organisation economiesuisse on Friday. +Get the most important news from Switzerland in your inbox For the Swiss business federation, “the consequences could be even heavier, as suppliers and service providers also suffer indirectly”.
Swatch CEO expects spike in demand due to US tariffs
2025-08-06
Nick Hayek called the 39% tariff imposed by the US on Switzerland as “arbitrary” and “unjustified”. However, he said that these tariffs will boost the watch group’s business. “I am convinced that Donald Trump wants to reach an agreement and show it to his voters in the United States. I am confident that the 39% …
Swiss president to meet Marco Rubio for tariff talks
2025-08-06
Karin Keller-Sutter will be received by US Secretary of State Marco Rubio in Washington on Wednesday afternoon. The meeting is scheduled for 4:15pm Swiss time (10:15am local time), according to the US State Department on its website and is not open to the press. Keller-Sutter and Economics Minister Guy Parmelin arrived in Washington on Tuesday …
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