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Swiss government calls for counter-proposal to the Responsible Business Initiative
2025-09-03
The federal government wants to counter the new Responsible Business Initiative with an indirect counter-proposal. The future regulations should be based on new provisions currently being discussed in the European Union. The national government does not want to go any further. +Get the most important news from Switzerland in your inbox On Wednesday, it set …
Swiss machinery sector continues to suffer from shrinking demand
2025-08-26
The Swiss machine and engineering industry remains caught in a downward spiral. In the current year, the number of orders have continued to fall, as has turnover. The industry association Swissmem assumes that the order situation will deteriorate even further. The main reason for this is the US tariff hike at the beginning of August. …
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 …
‘Knives out’: Switzerland descends into blame game after US tariff shock
2025-08-04
President Karin Keller-Sutter is under fire for failed trade talks with Trump administration. A blame game has erupted in Switzerland after the US announced an unexpected 39% tariff rate on the Alpine country on its national day. Swiss President Karin Keller-Sutter is accused of grossly miscalculating the trade deal she thought she was able to …
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