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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 …
US tariffs force Switzerland to rethink trade ties
2025-09-24
United States trade policy is rattling countries worldwide and prompting them to redirect trade flows at record speed. This is also how Switzerland is responding. US tariffs have put many countries in a tight spot. Persistent uncertainty is only making matters worse: will the US president suddenly slap on further tariffs, despite all concessions, as …
The high stakes fight over drug prices
2025-09-19
How much is a new drug worth? That’s the million-dollar question that health authorities around the world are grappling with as pharma companies demand higher prices. Drug companies and regulators around the world are increasingly at loggerheads over prices for new medicines. In Switzerland, pharma giant Roche recently pulled a cancer drug from the market …
Swiss engineering giant ABB invests in California AI company
2025-09-17
ABB has invested in California company LandingAI through its Robotics division. This collaboration, the first of its kind, should eventually lead to the development of autonomous and versatile robots. +Get the most important news from Switzerland in your inbox The LandingLens platform makes it possible to identify and process objects, processes or faults, without the …
Switzerland tops Global Innovation Index
2025-09-16
Switzerland remains the most innovative country in the world, according to an index published on Tuesday by the World Intellectual Property Organisation (WIPO) in Geneva. The country comes out ahead of Sweden and the United States, while China has entered the top ten for the first time. +Get the most important news from Switzerland in …
Swiss government reacts with ‘great regret’ to new US tariffs
2025-08-01
The Swiss government has taken note of the additional tariffs announced by the United States “with great regret”, said the Federal Department of Finance. Switzerland continues to strive for a negotiated solution with the US, said a spokesperson. +Get the most important news from Switzerland in your inbox The new tariffs of 39% on Swiss …
Switzerland very close to tariff deal with the US, says Roche CEO
2025-07-25
An understanding between Bern and Washington in the dispute over customs barriers is close: Roche CEO Thomas Schinecker is convinced of this. Schinecker bases his optimism on the close contact the pharmaceutical giant maintains with the Swiss authorities on this issue. +Get the most important news from Switzerland in your inbox. “I believe that an …
Swiss firm ABB to electrify one of the largest oil and gas terminals
2025-07-23
ABB has won a major contract in Azerbaijan for the electrification and grid stability of one of the world’s largest oil and gas terminals, Sangachal, operated by BP. The connection to the national grid will enable the electrification of the complex, which covers more than 688 hectares, an area equivalent to more than 800 football …
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