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Swiss watchmaking: Breitling boss welcomes US tariff cut
2025-11-17
The recent decision to lower US tariffs on Swiss imports from 39% to 15% is particularly good news for the watch industry, says Georges Kern, head of the Breitling luxury watch brand. +Get the most important news from Switzerland in your inbox The new deal shows that “Team Switzerland”, with the support of the Swiss …
Swiss minister lands in Washington for tariff talks
2025-11-13
Swiss Economics Minister Guy Parmelin has touched down in Washington to hold talks with United States trade representative Jamieson Greer. +Get the most important news from Switzerland in your inbox The talks are “ongoing”, ministerial spokesperson Markus Spörndli told Keystone-SDA on Thursday morning. However, a conclusion to the tariff negotiations on Thursday is “somewhat unlikely”. …
Pfizer deal gives Novartis and Roche stock boost
2025-10-01
Pharmaceutical stocks rebounded in a big way on the Zurich stock exchange in the wake of a tariff agreement reached by Pfizer in the United States. +Get the most important news from Switzerland in your inbox Long under pressure due to intentions to regulate drug prices in the US, companies are breathing a sigh of …
Switzerland braces for 100% US medicine tariff
2025-09-26
United States President Donald Trump has announced new tariffs on medicines, lorries and furniture produced outside the US. +Get the most important news from Switzerland in your inbox From October 1, “we will apply a 100% tax on all branded and patented pharmaceutical products, unless a company BUILDS its pharmaceutical plant in America”, Trump wrote …
Swiss SME sentiment remains stable despite steep US tariffs
2025-09-11
Despite the high US tariffs, the mood among Swiss SMEs has hardly deteriorated. However, two-thirds of export-oriented companies have now adjusted their export strategy, with one in ten even questioning it as a whole. The mood among small and medium-sized enterprises (SMEs) in Switzerland is stable despite the high US tariffs, according to the study …
Gold will not be subject to tariffs, says Trump
2025-08-12
‘Gold will not be subject to tariffs,’ American President Donald Trump wrote on the social network Truth Social on Monday. Last week, it was unclear whether the new tariffs would also be imposed on gold bars from Switzerland. Trump himself weighed in on the issue of gold tariffs after confusion and panic triggered by the …
WTO improves its world trade forecast thanks to Trump’s tariffs
2025-08-09
The World Trade Organisation (WTO) expects world trade to grow by 0.9% this year, better than expected in April. US imports surged in the first quarter as a result of Donald Trump’s tariff announcements. Imports to the US rose by 11% in the first half of the year compared with the same period last year, …
Beyond tariffs: how Switzerland turned trade talks into climate action with Mercosur
2025-07-18
The Mercosur trade agreement recently signed by Switzerland includes commitments on environmental impact. These come on the back of increasing public scrutiny of free trade deals. After eight years of talks, the deal between Mercosur and the EFTA countries was finalised this month. It eliminates tariffs on industrial products, food, and agricultural goods, including Swiss …
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