Latest US Politics news and updates from Switzerland. AI-curated articles covering US Politics topics.
A growing number of US citizens living in Switzerland are renouncing their American passports. While tax burdens are a known factor, the phenomenon highlights a more complex set of motivations behind this irreversible decision.
Swiss industries are bracing for impact after the United States announced new tariffs, imposing a 15% rate on pharmaceutical products and issuing new rules that are expected to increase costs and complexity for steel and aluminum exporters.
US policies aimed at lowering prescription drug prices are forcing Swiss pharmaceutical companies like Novartis and Roche to reassess their European strategies. Companies are signing 'Most Favoured Nation' deals to align prices, which could reshape investment and innovation in Switzerland's vital pharma sector.
A US Senate committee investigation has revealed that Credit Suisse managed approximately 890 accounts with suspected links to the Nazi regime, some of which remained open until as recently as 2020. The probe accuses the bank of having more extensive ties to the SS than previously known, reigniting questions about Switzerland's historical financial conduct.
As the United States withdraws from the Paris Agreement and other key UN climate bodies under President Trump, a Swiss NGO is urging the Swiss government to step up its own climate efforts. Experts call the US move a 'bitter blow' to climate justice and criticize Switzerland's own delays on climate finance as 'irresponsible'.
A criminal complaint has been filed against Swiss business leaders who reportedly gave luxury gifts to Donald Trump, prompting calls for a corruption investigation.
From trusted Swiss news outlets