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Switzerland and China have negotiated an upgraded trade agreement that would remove tariffs on 99.8% of current Swiss exports. The article should explain which industries stand to benefit, the timeline for implementation and the geopolitical implications of closer economic ties with Beijing.
about 15 hours ago · 1 source
China
Switzerland and China have concluded negotiations on a revised trade agreement that would eventually remove tariffs on 99.8% of current Swiss exports to China. The deal could give Swiss exporters improved access to one of their most important overseas markets, subject to implementation.
Le News
Basel Country
Basel Country’s construction sector reached a record CHF2.5 billion in 2025, driven by strong non-residential and public investment despite a decline in private housebuilding.
SWI swissinfo.ch
economy
The slump in Germany's automotive sector is causing a direct fallout in Switzerland, exemplified by the SFS group's decision to close its Flawil plant, resulting in 110 job losses and highlighting the Swiss supply chain's vulnerability.
SWI swissinfo.ch
business
In a major development for the Swiss pharmaceutical sector, South Korean contract manufacturer Samsung Biologics has submitted a CHF1.5 billion cash offer to acquire Polypeptide, a key Swiss producer of active pharmaceutical ingredients.
SWI swissinfo.ch
economy
The Swiss economy is demonstrating robust health, with the benchmark SMI index hitting an all-time high, the IMF forecasting continued positive growth, and new figures showing a significant rise in median annual salaries.
SWI swissinfo.ch · +2 more
business
Japanese technology giant Hitachi Energy has announced it will build its new Swiss headquarters in Otelfingen, canton Zurich. The major investment includes the creation of 3,000 jobs, providing a significant economic boost for the region.
SWI swissinfo.ch
politics
The Swiss Senate and House of Representatives are at odds over how to finance the voter-approved 13th monthly pension payment. The Senate backs a mix of increased VAT and higher employee contributions, while the House had previously favored a VAT-only solution, setting the stage for a critical political decision on the future of the pension scheme.
Le News · +1 more
politics
With polls showing a tight race for the 'No to 10 million' immigration initiative, Switzerland faces a critical decision. Business and union leaders have united to warn of economic chaos, while proponents argue the country's infrastructure is unprepared for further population growth.
politics
With a referendum looming, Switzerland is deeply divided over a proposal to cap the population at ten million by restricting immigration. A recent poll indicates a close race, as analyses highlight potential worker shortages and the People's Party suggests pro-natalist policies as an alternative.
The Local Switzerland · +3 more
economy
France is urging Switzerland to accelerate the implementation of a new EU agreement that would shift the cost of unemployment benefits for cross-border workers to the country of employment, a reform Paris claims would save it €860 million annually.
SWI swissinfo.ch
economy
In a stark warning, UBS chief executive Sergio Ermotti has stated that Europe's economy will continue to fall behind the US and Asia due to excessive bureaucracy and a lack of innovation, predicting that only a profound crisis will force political action.
SWI swissinfo.ch
economy
The Swiss government has signaled support for a proposal to increase the number of Sundays shops can open from four to twelve per year, a move that has drawn sharp criticism from unions over worker protection.
SWI swissinfo.ch
economy
Switzerland's economy grew by a slight 0.2% in the fourth quarter of 2025, according to new figures from the State Secretariat for Economic Affairs (Seco). This fragile rebound follows the previous quarter's contraction, which was driven by the impact of US tariffs on the chemical and pharmaceutical industries.
The Local Switzerland · +1 more
business
Australian pharmaceutical firm CSL Behring has announced plans for significant job cuts at its Bern facility. The move, reportedly affecting around 180 employees, has triggered a mandatory consultation procedure due to the scale of the planned redundancies.
SWI swissinfo.ch
economy
Swiss export industries from pharmaceuticals to watchmaking are sounding the alarm over the franc's relentless rise, which is eroding competitiveness. The economic pressure is compounded by renewed comments from Donald Trump singling out Switzerland's trade surplus to justify his tariff policies.
Le News · +1 more
politics
The Swiss government has revised a controversial wage protection measure in its negotiating package with the European Union. The compromise, concerning dismissal procedures for staff representatives, follows strong criticism from employers during the consultation period.
SWI swissinfo.ch
US-Switzerland relations
The Swiss Federal Council has given the green light for formal negotiations with Washington on a trade agreement focused on eliminating industrial tariffs, signaling a major step in strengthening economic ties between the two nations.
Le News
US-Swiss relations
Despite ongoing tensions over Greenland, a separate agreement to lower US tariffs on Swiss imports has been finalized by the Swiss government. US Treasury Secretary Scott Bessent, arriving in Davos, hailed relations as being 'back on track,' signaling a positive resolution to a recent period of trade friction.
Le News · +1 more
politics
Following the conclusion of a new treaty package in late 2025, the year 2026 is set to be decisive for the future relationship between Switzerland and the European Union. The outcome of upcoming political processes will be critical in determining the long-term status of the free movement of people agreement.
The Local Switzerland
