Category Archive: 3) Swiss Markets and News

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Trump’s tariffs expose weakness of Switzerland’s economic independence

2025-08-12

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2025-08-12

It’s not often that Switzerland finds itself at the sharp end of a global trade dispute. Even less often is it singled out with punitive action from a major trading partner. But this month, the US imposed a 39% tariff on most Swiss goods after a seven-day grace period lapsed. It is a rate more … Continue reading...

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Reinsurer Swiss Re issues longevity drug guidelines

2025-08-11

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2025-08-11

Reinsurer Swiss Re has introduced guidelines for so-called longevity drugs. Specifically, the guidelines target drugs such as metformin and rapamycin, which were originally developed for other purposes and are used by certain individuals to prolong their lives. +Get the most important news from Switzerland in your inbox As the long-term effects are still uncertain, Swiss …

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Swiss hospitals faced CHF750 million loss in 2024

2025-08-11

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2025-08-11

The loss-making hospitals in Switzerland posted a loss totalling CHF750 million ($926 million) in 2024. Despite an increase in turnover and fee increases, more than half of the service providers posted negative operating results after deducting depreciation. +Get the most important news from Switzerland in your inbox This is the result of a study of …

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Novartis posts encouraging results for Sjögren’s syndrome therapy

2025-08-11

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2025-08-11

Good news in research for Novartis. The pharmaceutical giant has achieved the hoped-for results for Ianalumab, a candidate for the treatment of Sjögren’s Syndrome, a serious autoimmune disease. +Get the most important news from Switzerland in your inbox In the phase III trials Neptunus-1 and Neptunus-2, the therapy reduced disease activity in patients, a statement …

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Why Are So Many People Leaving Switzerland? | #switzerland #migration

2025-08-10

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The high immigration figures for Switzerland make it easy to forget that not everyone who arrives is going to stay. In fact, the Alpine country has a comparatively high ratio of emigrants to immigrants. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit...

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US tariffs: pharma firms not planning job cuts in Switzerland

2025-08-10

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2025-08-10

The additional investments in the US will not lead to a reduction in jobs in Switzerland. This is according to pharmaceutical giant Roche, which expects the number of employees to remain stable in the current year. The position of Novartis is similar. "With our recent $50 billion (CHF 40.4 billion at today's exchange rate) investment …

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Swiss government working with firms to overcome high US tariffs

2025-08-10

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2025-08-10

The Swiss delegation that travelled to Washington has returned from talks on tariffs in the United States. The negotiations are now being conducted under the aegis of the government and the federal administration. "The federal administration has very close and regular contacts with the Swiss economy at all levels. Such cooperation has always been a …

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WTO improves its world trade forecast thanks to Trump’s tariffs

2025-08-09

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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, … Continue...

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Swiss gold exports might not face US tariffs after all

2025-08-09

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2025-08-09

Gold exports to the United States may not be taxed after all. The White House plans to issue an executive order in the near future to clarify misinformation about the taxation of gold bullion, in particular. This announcement of a future clarification decree, transmitted on Friday by news agency AFP, follows information from US customs …

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Switzerland hit by highest US tariffs in Europe, hereditary citizenship and anti-slavery statue

2025-08-08

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How did Switzerland go from trying to negotiate a 10% tariff deal with the US to ending up with the highest tariffs in Europe? Why was an Austrian denied “hereditary citizenship”? And who stole an anti-slavery statue? Here are three stories from Switzerland this week. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international...

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How Trump is manoeuvring Switzerland closer to the EU

2025-08-08

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2025-08-08

The US tariffs have sent shockwaves through Switzerland. They give a boost to those who advocate closer ties with the EU – and are a confirmation of international rapprochement in security policy. Swissinfo's foreign affairs journalist Giannis Mavris analyses the impact on Swiss foreign policy. The referendum on the Bilateral III Agreements, the new package …

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What got Switzerland talking in July? | Here are the top debates on our Dialogue platform

2025-08-07

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Join the conversation on our platform Dialogue 🗣️ --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel.

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Swiss government aims to remain in dialogue with US on tariffs

2025-08-07

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2025-08-07

Continuing talks, supporting affected industries and easing the burden on companies: this is the strategy the Swiss government is pursuing in the tariff dispute with the US. The executive will continue to refrain from taking countermeasures, it said on Thursday. +Get the most important news from Switzerland in your inbox The tariffs of 39% imposed …

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Swisscom sees profit decline as Vodafone Italia integration drags on

2025-08-07

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2025-08-07

Profits fell in the first half of the year for Swisscom. On the back of the costs of the Vodafone Italia integration, the telecoms provider posted a net profit of CHF625 million ($773 million), 25% lower than in the same period last year. +Get the most important news from Switzerland in your inbox Thanks to …

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Swiss cable cars post positive season despite cold July

2025-08-07

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2025-08-07

Despite the not always favourable weather in July, the summer season is proving to be a positive one for lifts in Switzerland. +Get the most important news from Switzerland in your inbox According to figures released today by the Swiss Cable Car Association (SBS), in the period from the beginning of May to the end … Continue...

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Swiss lift manufacturer Schindler receives order for Bogotá Metro

2025-08-07

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2025-08-07

Swiss multinational Schindler has secured an order in Colombia. The company from canton Lucerne will supply all the lifts and escalators for the first line of the new elevated railway system in the capital Bogotá. +Get the most important news from Switzerland in your inbox Schindler announced on Thursday that it is the sole bidder …

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Business associations call for solidarity over US tariffs

2025-08-07

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2025-08-07

Swiss business associations have reacted drastically to the introduction of the US tariff of 39% on Swiss products. The Economiesuisse business federation has spoken of a “significant risk” for the country, while Swissmem calls the tariffs a “horror scenario”. +Get the most important news from Switzerland in your inbox A solution requires a coordinated approach …

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US tariffs of 39% come into force for Switzerland

2025-08-07

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2025-08-07

US tariffs of 39% on Swiss exports formally came into force on Thursday morning, despite last-minute talks between a Swiss delegation and US representatives. +Get the most important news from Switzerland in your inbox As the Swiss government announced on social media platform X on Thursday morning, it will hold an extraordinary meeting in the …

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A Hiroshima survivor’s voice against nuclear weapons

2025-08-06

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On August 6, 1945, the United States dropped an atomic bomb on Hiroshima. Three days later, a second bomb fell on Nagasaki. A Hiroshima survivor recounts the stigma of surviving “hell” and her fight for peace and a world without nuclear weapons. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more...

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How pharma became Switzerland’s Achilles heel in US trade talks

2025-08-06

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2025-08-06

The pharmaceutical industry is a major driver of the Swiss economy, but its strength has also made it a key vulnerability for Switzerland in trade talks with the US. President Trump’s announcement of a 39% tariff rate on Swiss goods alarmed business leaders and sent politicians scrambling to Washington. The rate is more than double …

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