China’s high-tech rise is pressuring Swiss industry, while UBS says US tariffs remain manageable for now.
China’s rise is increasing competitive pressure on Switzerland
Keystone-SDA
Economists at Swiss bank UBS view China’s economic rise as a major challenge for the Swiss economy. The US tariffs, on the other hand, are likely to have only a temporary impact.
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UBS economists have confirmed their growth forecasts for Switzerland following the announcement of new US tariffs.
