Concerns are rising among Swiss companies regarding potential tariffs proposed by the former President. These tariffs could significantly impact their operations in the U.S., where about 30 percent of sales for firms listed on the Swiss stock exchange originate.
Key sectors that are particularly at risk from these import tariffs include:
- Pharmaceuticals
- Mechanical engineering
- Watches
- Food
The tariff plans include punitive measures such as:
- 60 percent on Chinese imports
- Varying rates of 10 to 25 percent on goods from other countries, including Mexico and Canada
The uncertainty surrounding these trade measures has left many investors and analysts uncertain. This situation highlights that the specifics of the trade strategy remain unclear, even to the former President himself. Such ambiguity raises concerns about the potential effects on Swiss companies and their stock performance.
📎 Related coverage from: nzz.ch