US EditionSwissmem Warns Against Big Downside Risks
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The Swiss industry continues to weaken and, according to the umbrella association, there are further significant downside risks due to Trump's Zollhammer.
Swiss industry continues to weaken. In the first quarter of 2025, sales in the machinery, electrical and metal industries (MEM) decreased by 3.0 percent. According to the umbrella association, there are further significant downside risks due to Trump's customs hammer.
The financial markets have been very volatile for weeks. The Swiss franc is increasing in value. Is the extent threatening to our export economy? The Swiss export industry is actually facing challenging months. Not only the appreciation of the Swiss franc is pressing on the margin. Exports to the US could be subject to customs duties. At the same time, the global economy is facing a downturn. How does the Swiss National Bank react to the strong …
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