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.