Swiss business associations have reacted drastically to the introduction of the US tariff of 39% on Swiss products. Swiss economics association Economiesuisse speaks of a “significant risk” for Switzerland as a business location. Swissmem calls the tariffs a “horror scenario”. +Get the most important news from Switzerland in your inbox A solution requires a coordinated approach from politics and business, according to a press release issued by Economiesuisse on Thursday. The new tariffs jeopardise international competitiveness and tens of thousands of jobs. The federal government should continue negotiations with the US as a top priority. The umbrella organisation of the Swiss economy is also once again calling for a comprehensive package of measures to strengthen the country as a business location. Swiss companies must be relieved of additional regulation, the cost burden must be reduced and international market access must be improved. In particular, the association is pushing ...
