Swiss shares slide on first trading day since Donald Trump’s 39% tariff
Pharma groups among hardest hit after US president demanded price cuts
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Switzerland in ‘shock’ at 39% US tariff blow
New duty level on Swiss goods one of highest in the world and exceeds 31% rate outlined by Donald Trump in April
Swiss watch industry braces for Trump tariff blow
Manufacturers and dealers are threatened by increased levy in a market worth more than $5bn
Swiss economy shrank ahead of US tariff deal
Economy contracted in the third quarter as pharmaceutical and chemical sectors saw ‘sharp decline’
US has reached a trade deal with Switzerland, say officials
Trump’s trade representative Jamieson Greer says tariffs will be reduced to 15%, ending months-long dispute with Bern
Switzerland nears deal to cut US tariffs to 15% after business push
European country hopes to reduce levy from 39% after business leaders stepped in to drive the talks forward
Europe races to placate pharma as Donald Trump turns up the pressure
Tariff deals with the US have bought time but investment momentum is elsewhere