Why Switzerland will face a special fight

Switzerland tries to trade with Washington because 39% of goods imported to the United States should avoid economic problems after touching the tariffs.

Swiss leaders will take effect on DC to DC this week by agreement with the US administration to DC.

One of the highest rates of the President of the United States is 39% of Donald Trump, the newest values of new challenges surprise Seemed to approach European country as a trade agreement.

Trump On Tuesday, Switzerland President Karin Keller-Sutter did not listen to concern about the US trade deficit with Swiss. After the Swiss government announced 39% of the tariff rate said Switzerland kept “Intensive” in the “Intensive” negotiation “From the beginning”.

The US dollar with Switzerland has invested $ 38.3 billion with Switzerland and 29.7 billion tenge last year. US dollars, reports Trade Representative of the United States.

Swiss companies are expected not only to Swiss companies, but also concerned about concern to the country’s economy.

Quarterly economic growth has been turned off, which in the first quarter of 2025 increased by 0.5%.

Inflation in Switzerland was also at low levels, even Negative turning by the end of this year. In July, the consumer price index was 0.2% compared to the same month.

Pharmaceutical products are exported to Switzerland because it does not affect the Swiss – no effects on tariffs, the effects of which may have limited impact on economic growth, CNBC reports.

“We have 39% of the current tariff, but reduce pharmaceutical products and reduce 0.6% in the medium term.

However, Trump also gave CNBC to interview the sector to pharmaceuticals on Tuesday Can be 250% more in the next 18 months.

Objectives for the import of US pharma will be a big blow to Switzerland’s main hub. In 2023Life sciences sector accounted for 38.5% of Swiss exports.

The tasks related to the sector “US Swiss gets the total impact of GDP tariffs for more than 1% and up to 2%,” he said.

“Pharma is the most important export of Switzerland for Switzerland,” the record written on Monday is the main export of Swiss Swiss exports in Cheurururux. “Here is a leverage through Switzerland by Switzerland via Pharma Reliance, but it should carefully suppress it – 39% of the most valuable sector can stimulate 39% of the most valuable sector.”

Demand for Swiss franc is also included in Switzerland franc.

Since the beginning of the year, currency is usually treated as a safe shelter during uncertainty or market turbulence – 11% more than in US dollars. As well as Sorting value Inflation weighs up and invites to the Swiss National Bank Reducing the main interest rate to 0% In June.

Swiss exporters are currently taking into solving problems with a “triple shock”, said Charwruite – on Monday.

“Direct tariffs … (eg) weak USD / CHF currency pair and competitive misconduct than neighboring countries,” he explained.

The European Union recently Made an agreement with Trump Administration The blanket that exports this to Bloc will see a 15% tariff, which exports it to the United States – much lower than the Swiss surface.

Kamal Sharma, G10 FX Strategy in Bank G10 FX, Wednesday to CNBC CNBC Trade Policy invited the Swiss National Bank to a “very difficult situation”.

“I think the big deal is that negative (tariffs) will always be in the horizon, because the biggest problem is now a bit more.” “If there is a Swiss trading deal, it means that SNB can be placed further.

The previous negative indicators were small to increase inflation and weaken the currencies, and the tariffs are unlikely to explode, said.

“To get SNB, you need to answer directly, see our currency depreciation, and it needs to do so, so it is already involved in the game. Now it is more to interfere, “added stress.

But this is not an easy step for Swiss politicians. Inference in the foreign exchange market Switzerland marks the currency manipulator In the first semester of Trump and early Kazakhstan, currency experience and macroeconomic policy were added to the “list of trading partners”.

Trump’s tariff policy takes into account any “currency manipulation and trade barriers.” Swiss officials have denied their allegations of deliberately devaluation against the Swiss frenzy green burn.

However, Boa stated that “Boa” spokes at the exchange of foreign exchange, even if the US administration is written.

“Some lines (they should have no more likely to lose … they should start thinking about the Swiss industry.”