28 agosto 2025|
AI
|3 months agoUS Tariffs Strain Swiss Economy: SNB Addresses Deflation Concerns
Swiss National Bank vice-president addresses economic challenges as US imposes 39% tariffs on Swiss goods, the highest for any advanced economy.
AI
Generated IllustrationKey Takeaways
AI
- US imposes 39% tariffs on Swiss goods - highest for any advanced economy
- Switzerland runs a trade surplus with America
- United States takes about a fifth of Swiss exports
- SNB maintains interest rates at zero level
By The Numbers
55%
Share of Swiss exports to Europe
20%
Share of Swiss exports to US
39%
US tariff rate on Swiss goods
They Said
"At this stage, we do not see any risks of deflationary developments, and our forecasts show a jump in inflation in the coming quarters"
"If we back down, Trump will demand more"