All articles tagged with #swiss exports
Swiss businesses are facing a 39% tariff in the US, which threatens to severely impact exports and has led to urgent government negotiations to reduce tariffs amid fears of economic damage and industry layoffs.
The US announced a 39% tariff on Swiss imports, mainly affecting exports like watches, jewelry, and chocolates, causing concern in Switzerland about significant job losses and economic impact. Swiss officials are seeking negotiations, especially as pharmaceuticals are temporarily spared from the tariffs, but the situation remains tense with ongoing talks to reach a potential deal.
Switzerland faces a 39% US tariff on its goods, including luxury watches and pharmaceuticals, prompting urgent negotiations to avoid increased costs and economic impact, amid tensions over trade deficits and tariffs.