Latest Trade news and updates from Switzerland. AI-curated articles covering Trade topics.
A recent survey reveals that a majority of the Swiss population is opposed to the new tariff agreement with the United States, raising concerns about concessions on data flow and the potential for a digital services tax.
Following concerns over takeovers of strategic assets, the Swiss parliament has agreed on a new legal framework to control foreign investments, particularly from state-owned entities, to protect public order and security.
A criminal complaint for suspected corruption has been filed against Swiss business leaders who presented luxury gifts, including a gold bar and a Rolex clock, to former US President Donald Trump. A top Swiss official has downplayed the meeting, stating it was a 'private initiative'.
Swiss lawmakers have agreed on legislation to control foreign investments, particularly from China, aiming to prevent takeovers that could jeopardize public order or security. The law was prompted by concerns following the acquisition of agrochemical giant Syngenta by a state-owned Chinese company.
Swiss aircraft manufacturer Pilatus has resumed exporting its PC-12 and PC-24 business aircraft to the United States, its primary market. Deliveries were temporarily halted due to uncertainty over US tariffs, but have now restarted, although the company is proceeding with plans for a US-based assembly plant.
KOF employment indicator rises to 0.7 points in Q4 from -0.6 in Q3, marking first improvement in three years. Construction and services sectors drive modest recovery despite 39% US tariffs on Swiss goods.
From trusted Swiss news outlets