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Tag Archive: global trade

Swiss public sceptical over US tariff deal: survey

2025-12-03

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2025-12-03

More than two-thirds of Swiss people have misgivings over the recent tariff deal struck with the United States, a survey suggests. +Get the most important news from Switzerland in your inbox The survey, commissioned by the Blick newspaper, found 69% of respondents opposed to the deal. Just under a third of Swiss respondents would be …

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Swiss lawmakers vote to ease weapons exports

2025-12-02

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2025-12-02

Both Swiss parliamentary chambers have approved the easing of war materiel exports and re-exports. +Get the most important news from Switzerland in your inbox The House of Representatives has approved, by 120 votes to 63, the relaxations earlier decided by the Senate. The proposal follows a request from parliament, which currently prohibits all sales if …

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Swiss lawmakers agree on China trade framework

2025-12-02

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2025-12-02

Both Swiss parliamentary chambers have agreed on the wording of legislation to control foreign investments in Switzerland, particularly Chinese. +Get the most important news from Switzerland in your inbox The House of Representatives has followed theSenate, which spoke out in favour of limiting the law. For example, the law will now not apply if a …

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Swiss official downplays business leader meeting with Trump

2025-12-02

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2025-12-02

The head of the Swiss State Secretary for Economic Affairs (Seco) has thanked Swiss entrepreneurs for their controversial tariff meeting with United States President Donald Trump. +Get the most important news from Switzerland in your inbox Helene Budliger Artieda said she was informed about the gifts, including a Rolex clock and a gold bar, which …

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Swiss lawsuit against gold bar US trade delegation

2025-11-27

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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 …

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Swiss foreign trade sluggish in October

2025-11-20

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2025-11-20

Switzerland's international trade stagnated in October, on both the export and import sides, reflecting the uncertainties weighing on the global economy. +Get the most important news from Switzerland in your inbox However, the watchmaking industry rebounded for the first time since July. In the month under review, seasonally adjusted exports stagnated at CHF22.53 billion, representing …

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Swiss army knife maker relieved by US tariff cut

2025-11-19

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2025-11-19

The CEO of Swiss army knife maker Victorinox as reacted with relief to the reduction in United States tariffs on Swiss products to 15%. +Get the most important news from Switzerland in your inbox This creates a more manageable framework for exports, Carl Elsener told the AWP news agency on Wednesday. Thanks to this reduction, …

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Swiss watchmaking: Breitling boss welcomes US tariff cut

2025-11-17

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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 …

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White House hails ‘historic’ tariff deal with Switzerland

2025-11-17

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2025-11-17

The White House has praised the framework for a 'historic trade deal' negotiated with Switzerland. The agreement announced on Friday promises a lower US import tariff rate of 15% for Switzerland - down from 39% - in return for $200 billion in investments by Swiss companies in the US. +Get the most important news from …

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Swiss press question concessions in US tariff deal

2025-11-16

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2025-11-16

Swiss newspapers have questioned the deal struck with Washington and concessions made by Switzerland to allow the tariff rate on Swiss imports to be lowered from 39% to 15%. What exactly were they? Some doubts remain. +Get the most important news from Switzerland in your inbox Switzerland and the United States announced on Friday that …

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Swiss farmers downplay impact of US tariff deal

2025-11-16

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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 Farmersโ€™ Union official plays down the impact of the deal. +Get the most important news from Switzerland in your inbox The agreement …

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Swiss ninth in international patents applications

2025-11-13

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2025-11-13

International patent applications reached a new record in 2024, rising to 3.7 million, up 4.9% year-on-year. Switzerland is ninth on the global list. +Get the most important news from Switzerland in your inbox China is once again the country from which the largest number of applications comes, the World Intellectual Property Organisation (WIPO) indicated today …

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Swiss minister lands in Washington for tariff talks

2025-11-13

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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 Spรถrndli told Keystone-SDA on Thursday morning. However, a conclusion to the tariff negotiations on Thursday is "somewhat unlikely". …

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Top Swiss business leaders meet Trump in Washington

2025-11-06

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2025-11-06

The heads of six large Swiss companies took part in trade talks with United States President Donald Trump in Washington. +Get the most important news from Switzerland in your inbox The business leaders reaffirmed their conviction that a bilateral trade agreement would significantly strengthen economic exchanges, to the benefit of both countries. + How US …

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Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs

2025-10-23

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2025-10-23

Swiss logistics group Kรผhne+Nagel is launching a cost-cutting program, which will slash 1,000 to 1,500 full-time positions, following a slump in profits. +Get the most important news from Switzerland in your inbox Turnover fell by 7% to CHF6.04 billion. Gross profit adjusted for volatile freight tariffs fell by 4% to CHF2.11 billion. As a result, …

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Swiss exports to US rebound in September

2025-10-21

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2025-10-21

Swiss exports to the United States have overcome previously weak growth by posting a significant rise in September. +Get the most important news from Switzerland in your inbox Exports to all parts of the world rose by a seasonally adjusted nominal 3.4% to CHF22.8 billion, as reported by the Federal Office for Customs and Border …

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Metalor to invest CHF40 million in western Switzerland

2025-10-18

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2025-10-18

Although Metalor aims to produce more gold in the United States, the company will not abandon its production site in Marin, canton Neuchรขtel. According to its CEO, the company will invest between CHF40-50 million ($50-63 million) there over ten years. +Get the most important news from Switzerland in your inbox For Metalor, producing some of …

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Swiss medtech fears major blow over US tariffs

2025-10-15

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2025-10-15

Suppliers of medical devices in Switzerland are watching closely the prospect of new customs duties in the United States, applicable to all non-US production. + Get the most important news from Switzerland in your inbox The US Department of Commerce is conducting an investigation until October 17 into the importation of a range of devices …

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US delays pharma tariffs to push for more drug pricing deals

2025-10-02

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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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Pfizer deal gives Novartis and Roche stock boost

2025-10-01

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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 … Continue...

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