{"id":352023,"date":"2025-08-17T16:17:22","date_gmt":"2025-08-17T16:17:22","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/352023\/"},"modified":"2025-08-17T16:17:22","modified_gmt":"2025-08-17T16:17:22","slug":"us-tariffs-putting-100000-jobs-at-risk-in-switzerland","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/352023\/","title":{"rendered":"US tariffs putting 100,000 jobs at risk in Switzerland"},"content":{"rendered":"<p>    <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/0b83fb45ac1f7b3c95ee040945212a41890279f9-89841902.jpg\" width=\"1400\" height=\"1050\" alt=\"Customs duties threaten 100,000 jobs in Switzerland\" loading=\"eager\" decoding=\"sync\" fetchpriority=\"high\"\/><\/p>\n<p>                &#8220;If customs duties were to be levied on medicines, many jobs in the pharmaceutical industry would also be affected&#8221;, warned economiesuisse.            <\/p>\n<p>            Keystone-SDA        <\/p>\n<p>            Listen to the article        <\/p>\n<p>            Listening the article        <\/p>\n<p>                Toggle language selector            <\/p>\n<ul class=\"read-aloud\/track-selector__options\">\n<li>\n<p>                            English (US)                        <\/p>\n<\/li>\n<li>\n<p>                            English (British)                        <\/p>\n<\/li>\n<\/ul>\n<p>            Generated with artificial intelligence.        <\/p>\n<p>        United States tariffs of 39% on Swiss imports will directly affect 100,000 jobs in Switzerland, mainly in the watchmaking, machinery, metals, and food industries, warned the business umbrella organisation economiesuisse on Friday.\n<\/p>\n<p>        This content was published on    <\/p>\n<p>        August 16, 2025 &#8211; 13:28\n<\/p>\n<p><a href=\"https:\/\/www.swissinfo.ch\/eng\/latest-news\/\" target=\"_blank\" rel=\"noopener\"><strong>+Get the most important news from Switzerland in your inbox<\/strong><\/a><\/p>\n<p>For the Swiss business federation, \u201cthe consequences could be even heavier, as suppliers and service providers also suffer indirectly\u201d.<\/p>\n<p>On August 1, Washington announced that Swiss exports to the US would be subject to customs duties of 39% from August 7, citing the trade deficit between the two countries. Pharmaceutical products, the driving force behind Swiss exports, are exempt for the time being, but US President Donald Trump has promised tariffs of up to 250% if the pharmaceutical groups do not reduce their drug prices.<\/p>\n<p>\u201cIf customs duties were to be levied on medicines, many jobs in the pharmaceutical industry would also be affected\u201d, warned economiesuisse.<\/p>\n<p><strong><a href=\"https:\/\/www.swissinfo.ch\/eng\/global-trade\/swiss-government-working-with-firms-to-overcome-high-us-tariffs\/89809927\" target=\"_blank\" rel=\"noopener\">+ Swiss government working with firms to overcome high US tariffs<\/a><\/strong><\/p>\n<p>Specifically, the electronics and watchmaking sectors would see nearly 20,000 jobs affected by customs duties, followed by the food and tobacco sector (close to 14,200 jobs) and pharmaceuticals (around 13,900 jobs).<\/p>\n<p>Suppliers also in turmoil<\/p>\n<p>\u201cIn reality, exporting companies probably have more employees on average, which is why the actual number of people affected could be higher\u201d, said the umbrella organisation.<\/p>\n<p>According to the federation, \u201cthe negative consequences of the competitive disadvantage represented by the US tariffs will not be limited to companies exporting to the United States\u201d, but \u201cwill also affect suppliers to the Swiss export industry\u201d.<\/p>\n<p><strong><a href=\"https:\/\/www.swissinfo.ch\/eng\/swiss-abroad\/how-should-switzerland-respond-to-the-us-tariffs\/89827370\" target=\"_blank\" rel=\"noopener\">+ How should Switzerland respond to the US tariffs?<\/a><\/strong><\/p>\n<p>While the Swiss government has expressed its determination to continue the dialogue with the US, economiesuisse has called on political leaders to \u201cquickly and effectively lighten the administrative and regulatory burden on companies\u201d and to \u201coffset the competitive disadvantage on the US market by improving the framework conditions in Switzerland\u201d.<\/p>\n<p>Translated from French with DeepL\/gw<\/p>\n<p>                How we work            <\/p>\n<p>We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.\u00a0\u00a0<\/p>\n<p>Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.<\/p>\n<p>If you have any questions about how we work, write to us at\u00a0<a href=\"https:\/\/www.swissinfo.ch\/eng\/global-trade\/customs-duties-threaten-100000-jobs-in-switzerland\/mailto:english@swissinfo.ch\" target=\"_blank\" rel=\"noopener\">english@swissinfo.ch<\/a>.<\/p>\n<p>    <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/672442605_highres.jpg\" width=\"1300\" height=\"867\" alt=\"US President Donald J. Trump\" loading=\"lazy\" decoding=\"async\" fetchpriority=\"auto\"\/><\/p>\n<p>        More    <\/p>\n<p>        Global trade\n    <\/p>\n<p>        Trump made direct financial demands during call with Swiss president    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on                    <\/p>\n<p>                        Aug 17, 2025                    <\/p>\n<p>                During the telephone call between Karin Keller-Sutter and Donald Trump on July 31, Trump demanded direct payments from Switzerland, according to an investigation by SonntagsBlick.            <\/p>\n<p>    <a class=\"teaser-wide-card__link\" href=\"https:\/\/www.swissinfo.ch\/eng\/global-trade\/trump-made-direct-financial-demands-during-call-with-swiss-president\/89848570?utm_source=multiple&amp;utm_medium=website&amp;utm_campaign=news_en&amp;utm_content=o&amp;utm_term=wpblock_news\" target=\"_self\" rel=\"noopener\"><\/p>\n<p>            Read more: Trump made direct financial demands during call with Swiss president<br \/>\n    <\/a><\/p>\n<p>    <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/c839b38ee8a9e9890d18575ba79b2ddb3f33a18e-89846039.jpg\" width=\"1400\" height=\"1050\" alt=\"Demonstration in Berne for access to psychotherapy\" loading=\"lazy\" decoding=\"async\" fetchpriority=\"auto\"\/><\/p>\n<p>        More    <\/p>\n<p>        Health systems\n    <\/p>\n<p>        Demonstrators in Swiss capital demand better access to mental health care    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on                    <\/p>\n<p>                        Aug 17, 2025                    <\/p>\n<p>                Thousands of people demonstrated in Berne on Saturday afternoon against long waiting lists, the lack of therapy places and the absence of a clear pricing structure.            <\/p>\n<p>    <a class=\"teaser-wide-card__link\" href=\"https:\/\/www.swissinfo.ch\/eng\/health-systems\/demonstration-in-berne-for-access-to-psychotherapy\/89848348?utm_source=multiple&amp;utm_medium=website&amp;utm_campaign=news_en&amp;utm_content=o&amp;utm_term=wpblock_news\" target=\"_self\" rel=\"noopener\"><\/p>\n<p>            Read more: Demonstrators in Swiss capital demand better access to mental health care<br \/>\n    <\/a><\/p>\n<p>    <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/69df241a58fdf6187cc923ee9d83eb6e9173a0d3-89847841.jpg\" width=\"1400\" height=\"1050\" alt=\"Pay rises planned for Swiss employees next year\" loading=\"lazy\" decoding=\"async\" fetchpriority=\"auto\"\/><\/p>\n<p>        More    <\/p>\n<p>        Workplace\n    <\/p>\n<p>        Swiss businesses plan employee pay raises in 2026    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on                    <\/p>\n<p>                        Aug 17, 2025                  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France    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on                    <\/p>\n<p>                        Aug 17, 2025                    <\/p>\n<p>                A Swiss national was killed alongside a German national in a crash involving two light aircraft on Saturday afternoon in Saint-Pons, south-eastern France.            <\/p>\n<p>    <a class=\"teaser-wide-card__link\" href=\"https:\/\/www.swissinfo.ch\/eng\/demographics\/one-swiss-national-killed-in-plane-accident-in-southern-france\/89847984?utm_source=multiple&amp;utm_medium=website&amp;utm_campaign=news_en&amp;utm_content=o&amp;utm_term=wpblock_news\" target=\"_self\" rel=\"noopener\"><\/p>\n<p>            Read more: One Swiss national killed in plane accident in southern France<br \/>\n    <\/a><\/p>\n<p>    <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/00244a1e657d54c728219fce0a0267c86486c300-89847536.jpg\" width=\"1400\" 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rel=\"noopener\"><\/p>\n<p>            Read more: Over 6,000 apprenticeships remain unfilled in Switzerland<br \/>\n    <\/a><\/p>\n<p>    <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/de02a816735a0d686ec11593c7bb0e1eae34a475-89845758.jpg\" width=\"1400\" height=\"1050\" alt=\"Golden Leopard for Japanese film &quot;Tabi to Hibi&quot; at Locarno\" loading=\"lazy\" decoding=\"async\" fetchpriority=\"auto\"\/><\/p>\n<p>        More    <\/p>\n<p>        Culture\n    <\/p>\n<p>        Japanese film Tabi to Hibi wins Golden Leopard at Locarno    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on                    <\/p>\n<p>                        Aug 17, 2025                    <\/p>\n<p>                The Japanese film Tabi to Hibi by director Sho Miyake won the Golden Leopard, the top prize in the international competition, on the final day of the Locarno Festival.            <\/p>\n<p>    <a 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fetchpriority=\"auto\"\/><\/p>\n<p>        More    <\/p>\n<p>        Foreign Affairs\n    <\/p>\n<p>        Switzerland releases CHF4 million for Sudan    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on                    <\/p>\n<p>                        Aug 16, 2025                    <\/p>\n<p>                Switzerland has released CHF4 million (nearly $5 million) to help Sudan, which has been severely affected by famine and cholera.            <\/p>\n<p>    <a class=\"teaser-wide-card__link\" href=\"https:\/\/www.swissinfo.ch\/eng\/foreign-affairs\/switzerland-releases-four-million-for-sudan\/89845037?utm_source=multiple&amp;utm_medium=website&amp;utm_campaign=news_en&amp;utm_content=o&amp;utm_term=wpblock_news\" target=\"_self\" rel=\"noopener\"><\/p>\n<p>            Read more: Switzerland releases CHF4 million for Sudan<br \/>\n    <\/a><\/p>\n<p>    <img 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href=\"https:\/\/www.swissinfo.ch\/eng\/foreign-affairs\/switzerland-rejects-new-israeli-settlements-in-palestinian-territory\/89844965?utm_source=multiple&amp;utm_medium=website&amp;utm_campaign=news_en&amp;utm_content=o&amp;utm_term=wpblock_news\" target=\"_self\" rel=\"noopener\"><\/p>\n<p>            Read more: Switzerland rejects new Israeli settlements in Palestinian territory<br \/>\n    <\/a><\/p>\n<p>    <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/91785ca82e625a7aef80623654a7bc5e12dd8697-89842974.jpg\" width=\"1400\" height=\"1050\" alt=\"The founder of the World Economic Forum, Klaus Schwab, cleared of any wrongdoing\" loading=\"lazy\" decoding=\"async\" fetchpriority=\"auto\"\/><\/p>\n<p>        More    <\/p>\n<p>        Workplace\n    <\/p>\n<p>        Larry Finck and Andr\u00e9 Hoffmann named interim co-chairs of WEF board    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on              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be&hellip;\n","protected":false},"author":2,"featured_media":352024,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[3907,114105,102486,51,12072,1501,11560,95788,49,978,659],"class_list":{"0":"post-352023","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-article","9":"tag-beat-global-trade","10":"tag-beat-workplace","11":"tag-business","12":"tag-foreign-affairs","13":"tag-latest-news","14":"tag-multinationals","15":"tag-sda-ready-to-publish","16":"tag-united-states","17":"tag-us","18":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115045010465264465","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/352023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=352023"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/352023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/352024"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=352023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=352023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=352023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}