{"id":85597,"date":"2026-06-16T21:07:03","date_gmt":"2026-06-16T21:07:03","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/85597\/"},"modified":"2026-06-16T21:07:03","modified_gmt":"2026-06-16T21:07:03","slug":"roche-chairman-still-expects-diagnostics-hit-from-us-tariffs-5","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/85597\/","title":{"rendered":"Roche chairman still expects diagnostics hit from US tariffs"},"content":{"rendered":"

ZURICH, March 7 (Reuters) – Roche (ROG.S), opens new tab<\/a> expects its agreement with the U.S. government will keep its medicines exempt from the current round of \u200bimport tariffs, but its diagnostics division remains exposed and \u200ccould face renewed duties after an initial 150-day period, Chairman Severin Schwan said on Saturday.Roche was one of nine major pharmaceutical companies that \u200bagreed a deal with U.S. President Donald Trump in December<\/a> \u200bto cut the prices of their medicines in \u2060return for removing the threat of tariffs for three years.<\/p>\n

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“As \u200bfar as pharmaceuticals are concerned, we assume our agreement with the \u200bgovernment is binding and that we will continue to be exempt from tariffs on the import of medicines,” Schwan told Swiss newspaper Neue Zuercher \u200bZeitung.<\/p>\n

“But our diagnostics business continues to be significantly affected,” \u200bhe added.<\/p>\n

Roche’s diagnostics division, which generated sales of nearly 14 billion Swiss francs \u200cin \u20602025, exported a large share of its tests and instruments from Switzerland and other European countries to the United States, Schwan said.<\/p>\n

Roche also produced diagnostics products in the U.S., which \u200bfaced import tariffs \u200bfrom China, he \u2060said.<\/p>\n

“But because China has introduced retaliatory tariffs, we end up, as a U.S. net exporter, \u200bpaying tariffs twice. That’s absurd,” he said.<\/p>\n

Schwan said \u200bhe \u2060expected the U.S. government to impose import tariffs again under a different legal basis after the 150-day limit on tariffs expires.<\/p>\n

Roche had \u2060no \u200bplans to split off its diagnostics \u200bdivision, he said. “That is not a topic at all. We are sticking with \u200bit,” he told the newspaper.<\/p>\n

Reporting by John Revill
\nEditing by Tomasz Janowski<\/p>\n

Our Standards: The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n

Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"ZURICH, March 7 (Reuters) – Roche (ROG.S), opens new tab expects its agreement with the U.S. government will…\n","protected":false},"author":2,"featured_media":85598,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[124],"tags":[18218,15523,15524,15513,15530,15528,15529,18220,21529,43658,32532,2082,787,10873,15525,2228,15515,43659,26133,32534,10867,10866,18219,21530,15517,15518,15519,21532,21533,15521,134,32310,18230,32311,43660,32312,32313,714,21534,10872],"class_list":["post-85597","post","type-post","status-publish","format-standard","has-post-thumbnail","category-roche","tag-amers","tag-ceeu","tag-ch","tag-cmpny","tag-destocabsm","tag-destoukbsm","tag-destousbsm","tag-destoushem","tag-dip","tag-eci","tag-eco","tag-emea","tag-eu","tag-europ","tag-fin","tag-gen","tag-heca","tag-hrep","tag-intag","tag-mce","tag-mtpix","tag-mtvid","tag-namer","tag-news1","tag-phar","tag-phar1","tag-phmr","tag-pol","tag-potus","tag-publ","tag-roche","tag-rulestrump","tag-topcmb","tag-topicbusiness-tariffs","tag-tracc","tag-trd","tag-trf","tag-us","tag-wash","tag-weu"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116761830740283169","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/85597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=85597"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/85597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/85598"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=85597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=85597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=85597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}