BBC|1 minute read

Swiss Companies Navigate Trump Tariffs: Exploring Alternative Export Markets

TL;DR

Swiss companies are feeling the heat from Trump’s tariffs and are scrambling to find alternative export markets. Here’s the lowdown:

  • Market Shift: With increased tariffs, Swiss businesses are diversifying exports to maintain profitability.
  • Support Systems: The Swiss government is extending short-time work support to help companies weather the storm.
  • Industry Impact: Drugmakers and watchmakers are particularly affected, facing mixed fortunes.
  • Future Focus: Companies are exploring innovative solutions and new partnerships to adapt.

Here's the full scoop.

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