– US imposes 39% tariffs on Swiss exports, disrupting trade relations and threatening key industries like pharmaceuticals.
– Switzerland’s tariff-free access strategy clashes with Trump’s protectionist policies, forcing supply chain diversification and diplomatic negotiations.
– Market volatility emerges as Swiss franc fluctuates and investors shift focus to domestic sectors amid trade uncertainty.
– The crisis highlights global trade fragility, with Switzerland prioritizing flexible economic strategies to counter geopolitical risks.