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US Treasury Secretary: US-Swiss relations are ‘back on track’
2026-01-19
Relations with Switzerland are back on track after a rough period, US Treasury Secretary Scott Bessent declared on Monday on his arrival in Davos for the World Economic Forum (WEF) annual meeting. + Get the most important news from Switzerland in your inbox “After a turbulent period in recent months, relations between Switzerland and the …
Swiss oil traders weigh opportunities following US intervention in Venezuela
2026-01-07
The US military intervention in Venezuela and capture of president Nicolás Maduro has put the world’s largest oil reserves back on the global energy map. Switzerland’s oil traders are paying close attention. Since the United States imposed sanctions on Venezuela’s state oil company, Petróleos de Venezuela SA (PDVSA), in 2019 under Donald Trump, Swiss oil …
Swiss watch exports contract further in November
2025-12-18
Swiss watch exports continued to flag in November, falling by 7.3% to CHF2.2 billion, led by a dramatic decline in sales to the United States. +Get the most important news from Switzerland in your inbox The leading market in terms of value, with CHF201.1 million, the United States saw its imports of Swiss watches evaporate …
Swiss lawsuit against gold bar US trade delegation
2025-11-27
Swiss parliamentarians have lodged a criminal complaint against business leaders who presented United States president Donald Trump with a Rolex and a gold ingot during tariff discussions. + Get the most important news from Switzerland in your inbox The complaint calls on the Swiss justice system to investigate the matter for potential corruption? Two Green …
Swiss farmers downplay impact of US tariff deal
2025-11-16
The recent US tariff rate cut to 15% and the details of the framework trade agreement with Washington have raised questions about the consequences for the Swiss agricultural sector. But a senior Swiss Farmers’ Union official plays down the impact of the deal. +Get the most important news from Switzerland in your inbox The agreement …
US delays pharma tariffs to push for more drug pricing deals
2025-10-02
According to government circles, the new tariffs on pharmaceutical imports into the US announced by US President Donald Trump for October 1 will not be imposed after all. This was announced by a high-ranking government official to the German Press Agency. +Get the most important news from Switzerland in your inbox Instead, tariffs are now …
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