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The Basel Institute expects a customs agreement with the United States in the coming months. Therefore, thus maintains its estimate of a 1.2% GDP increase for the current year, while revising down for 2026. However,
Bak Economics wants to be optimistic for the Swiss economy. Meanwhile, despite the entry into force of customs duties of 39% on Swiss goods entering the United States. Nevertheless, The latter. whose impact on the economic situation will remain limited. should not apply for an extended period, say economists of the Basel Institute.
According to a study published Thursday. Bak Economics experts assume that Switzerland should be able to conclude a customs agreement in the coming months with. the United States similar to the conditions obtained by the European Union (EU). Based on this hypothesis. bak economics confirms its swiss new BAK Economics confirms its Grove Gross Domestic Product (GDP) bak economics confirms its swiss forecast of Switzerland bak economics. confirms its swiss (excluding sporting events) for 2025. which should remain 1.2%. The forecast for 2026 is revised slightly, going from 1.0 % to 0.9 %.
But the risk remains
Customs duties of 39% striking the exports of Swiss property to the United States. however, do not remain without risks, nuance Bak Economics, in particular for the watch industries and machines. Not only will Swiss products be more expensive in the United States. but they could also suffer from competition with those produced in the EU. the latter being subject to much lower customs duties.
If. against all expectations. these customs duties had to remain in force for a long period, this could cost Switzerland up to 0.3% GDP growth in 2026 and 2027, according to the study. This does bak economics confirms its swiss new not take any entry taxes in the United States on pharmaceutical products.
In terms bak economics confirms its swiss of price, inflation should only reach 0.2% on bak economics confirms its swiss an annual average this year and remain at a similar level in 2026. BAK Economics starts from the principle that the Swiss National Bank (SNB) will not make any new drop in. interest rates after bringing them to 0%. However, this assumes that American customs duties are relaxed. Otherwise, negative interest rates could be applied.
Bak economics confirms its swiss new
Bak economics confirms its swiss
Bak economics confirms its swiss
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