Customs duties: slowdown in growth in Switzerland on the horizon

US customs policy will impact the Swiss economy, according to the Federal Council. It indicated on Wednesday that it expects a slowdown in growth, but not an economic collapse. However, the estimates are fraught with uncertainty.

According to the Federal Council, the US government's customs policy is likely to lead to a significant weakening of the Swiss economy. However, a slump in the economy cannot be expected from today's perspective.