Swiss Business Federation Sounds the Alarm

Following the United States' announcement to impose a 31% tariff on Swiss exports, the Swiss business federation Economiesuisse has urgently called upon the federal government to take swift action. This move is seen as a significant threat to Switzerland's economy, which heavily relies on exports.

Potential Impact on Swiss Economy

The federation describes the new tariffs as a "serious burden" that could not only increase the cost of Swiss exports but also undermine the competitiveness of Swiss companies and negatively affect the investment climate in Switzerland.