As global trade rules fray, countries are scrambling to shore up export markets and diversify partners. For highly globalised, export-dependent Switzerland, there could be an added complication: the ballot box. The clock is ticking. By March 31, Swiss authorities hope to finalise a deal with Washington capping US tariffs at 15%. Yet even if they meet the deadline, and parliament signs off on the agreement, a delay looms – Swiss voters could yet force a referendum. Given public hostility to US President Donald Trump and his tariffs, and the razor-thin acceptance of a trade deal with Indonesia in 2021, approval would be far from certain. Whether it will come to a ballot remains unclear. Cédric Wermuth, the leader of the left-wing Social Democrats, told the Neue Zürcher Zeitung in January that he would consider launching a referendum – which requires 50,000 signatures – “if necessary”. But for now, with no final agreement on the table, and US politics volatile, opposition is largely ...
Full story here
Are you the author?
Previous post
See more for
Tags: Featured,newsletter
Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › Could direct democracy trip up Swiss trade deals?
Permanent link to this article: https://snbchf.com/2026/02/democracy-swiss-trade-deals/
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: increased by 5.2 billion francs compared to the previous week
4 days ago -
SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
2026-01-21 -
2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
2025-07-31 -
SNB Brings Back Zero Percent Interest Rates
2025-06-26 -
Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
2025-06-24
Main SNB Background Info
-
SNB Sight Deposits: increased by 5.2 billion francs compared to the previous week
4 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
Tariff Decision Day? -
Fiat hat ein Gesicht -
Could direct democracy trip up Swiss trade deals? -
Jeden Monat Dividenden kassieren? Mit diesen Aktien geht das! -
Epstein & Bitcoin: Die schockierende Theorie – und was wirklich dahinter steckt -
Pre-1982 Copper Pennies for Sale 95% Pure Copper Bulk Bags -
U.S. Actions Toward Cuba Are Criminal
-
Is COMEX Prepared for Silver’s Structural Shift? -
Wann und wie kaufe ich Software Aktien -
EIL: ZDF produziert nächste FAKE-News! Hayali findet Ausreden!
More from this category
Tariff Decision Day?20 Feb 2026
Could direct democracy trip up Swiss trade deals?20 Feb 2026
- U.S. Actions Toward Cuba Are Criminal
19 Feb 2026
- Trump Close To a Major Attack on Iran That Will Be Bigger Than 12-Day War
19 Feb 2026
Links between universities and tobacco industry a threat to Swiss research, NGO warns19 Feb 2026
Switzerland mulls discounts on top-selling drugs to cut health costs19 Feb 2026
FX Market Awaits North American Leadership19 Feb 2026
- Trade Deficits and Sound Money
19 Feb 2026
- The Senate and the Loss of “Mixed Government”
19 Feb 2026
- US Actions Toward Cuba Are Criminal
19 Feb 2026
- French President Macron says free speech is “pure bullsh*t”
19 Feb 2026
Swiss government announces measures for future food security19 Feb 2026
- A Missed Opportunity in Munich
19 Feb 2026
Transatlantic tension, a MAGA gold rush, and a climate own goal18 Feb 2026
- Reassessing European Contact: Insights from Spanish America
18 Feb 2026
- Media Freedom…if We Can Keep it!
18 Feb 2026
- Was Steve Bannon Close Friends with Jeffrey Epstein?
18 Feb 2026
US Dollar is Mostly Firmer, amid Weak Conviction18 Feb 2026
- Surviving Capitalism: The Scarcity Advantage
18 Feb 2026
- Christine Lagarde to leave ECB before the end of her 8-year term
18 Feb 2026













