23 septembre 2025|
AI
|2 months agoUS Tariff Threat Puts Swiss Army Knife Production at Crossroads
Iconic Swiss Army knife faces identity crisis as US imposes 39% import tariff, challenging Switzerland's traditional manufacturing heritage.
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Generated IllustrationKey Takeaways
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- The United States has imposed a 39% import tariff on Swiss goods.
- Victorinox faces a potential $13 million (CHF 10.3 million) US import tax bill next year.
- Switzerland has a $39 billion trade surplus with the United States.
- The European Union negotiated a 15% tariff, while Britain faces a 10% tariff.
- Victorinox exports to 120 countries, with the US being its most important market.
By The Numbers
39%
Import Tariff Rate
$13 million
Projected Tax Bill
$39 billion
Trade Surplus
15%
EU Tariff Rate
They Said
"No one had expected such a drastic step."
"The new tariffs are hitting Switzerlandâs export-oriented economy hard. A swift agreement on reducing tariffs is essential."