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Swiss medtech fears major blow over US tariffs

Suppliers of medical devices in Switzerland are watching closely the prospect of new customs duties in the United States, applicable to all non-US production. + Get the most important news from Switzerland in your inbox The US Department of Commerce is conducting an investigation until October 17 into the importation of a range of devices under Section 232 of the Trade Expansion Act of 1962. The section authorises the government to impose restrictions on imports of goods likely to affect national security. “We already have a clear competitive disadvantage in Switzerland vis-à-vis our foreign competitors,” Anita Holler, a member of the board of the Swiss Medtech umbrella organisation, told AWP news agency on the sidelines of an annual conference on regulatory issues. Deprived since 2021 of the mutual recognition agreement that gave them unhindered access to the European market, Swiss players in the sector have also had to contend since the beginning of August with punitive customs ... Full story here Are you the author?
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