US Tariffs Threaten 20,000 Swiss Jobs
UBS economist warns that US 39% tariffs could eliminate up to 20,000 jobs in Switzerland, with varying impacts across industries as companies struggle with complex regulations.

Latest US relations news and updates from Switzerland. AI-curated articles covering US relations topics.

A new Deloitte survey reveals one-third of Swiss financial officers expect local job reductions, as economic pressures from the strong franc and US tariffs impact business decisions.
UBS economist warns that US 39% tariffs could eliminate up to 20,000 jobs in Switzerland, with varying impacts across industries as companies struggle with complex regulations.

Switzerland faces unprecedented trade pressure as US tariffs prompt strategic pivot in international commerce relations

Switzerland faces unprecedented 39% US tariffs, prompting urgent trade diversification efforts and concerns in pharmaceutical sector

Swiss watchmaking sector grapples with unprecedented US tariffs while government attempts to restart negotiations

Major disruption in postal services as Swiss Post suspends parcel shipments to America following stricter US customs requirements.

Switzerland braces for economic slowdown as US ends duty-free imports and imposes new tariffs, with potential loss of 20,000 jobs and significant impact on Swiss postal services.

Swiss companies face unprecedented challenges as new US customs regulations and tariffs force businesses, including Swiss Post, to suspend shipments to the United States, signaling broader economic implications.

New details emerge about the July 31 call between Swiss President and Donald Trump, showing explicit financial demands preceding the implementation of 39% tariffs.

Swiss government reveals price negotiations with US failed to maintain original CHF6B deal for F-35 fighters, forcing evaluation of costlier options.

Switzerland gains additional time as US pushes deadline for ongoing tariff negotiations to August 1

Economic expert warns potential US tariffs under Trump administration could cost Switzerland up to CHF17.5 billion in 2026

Swiss export industry faces significant setback as shipments to the US plummet by 39.6%, reaching lowest levels since late 2020.

Swiss export industry faces significant setback as shipments to US market plummet by 39.6%, marking lowest level since late 2020

Switzerland has been added to the US Treasury's watch list for currency and economic practices, alongside eight other countries, due to increasing trade surplus concerns.

Survey shows 54% of Swiss consumers willing to avoid American products like Coca-Cola and Nike in response to US trade policies

Analysis shows Swiss economy facing significant but manageable impact from US tariffs, with pharmaceutical sector temporarily spared

Switzerland names Ambassador Gabriel Lüchinger as special envoy to handle escalating US trade tensions and tariff issues.

Switzerland faces significant trade challenge as US announces 31% tariff on Swiss imports, with government and business leaders calling for measured response

Swiss refineries report record demand for gold bars as fears of potential Trump tariffs drive unprecedented $61 billion bullion flow to US markets.

From trusted Swiss news outlets