Confident Swiss companies in the face of Trump’s surcharge

According to several Swiss companies. Moreover, the customs duties that the United States has imposed on Switzerland will have only “limited effect”. For example, In question: several manufacturers have factories on American territory.

Customs duties of 39% imposed by the United States on Switzerland did not seem to worry companies contacted by the AWP agency, at least immediately. In addition, Some see only a “limited impact” on their confident swiss companies face trump’s business, while others are wait -and -see.

Lindt & Sprüngli assured Monday that the 39% customs duties imposed by the United. In addition, States on Switzerland on August 1 will have only “limited effect” on its cases. Meanwhile, The Zurich chocolate maker says it assess different options to manage them. Moreover, A spokesperson indicates:

Construction chemist SIKA currently does not provide any measures in response to Donald Trump’s announcements made on Friday. Nevertheless, While sales in the starry banner represent 23% of the Zugois group’s turnover. “like almost 100% of the products and solutions sold in the United States are manufactured confident swiss companies face trump’s in the country itself, Sika is well protected against the direct influence of customs duties,” said a spokesperson on Monday.

Increase prices – Confident swiss companies face trump's

For his part. the Sonova assisted hearing specialist starts from the principle that his portable and cochlear implants will not be subject to American customs duties. The Zurich giant refers to the federal register of the US administration. as well as a guide established by the customs authorities.

This exemption is based on an international agreement recognized by the United States.

Emmi is also not worried. The manufacturer of Lucernois dairy products explains “producing locally for the local market”. The company has production confident swiss companies face trump’s sites in Wisconsin, New Jersey, New York and California. “About 85% of our sales in the United States are made locally,” says a spokesperson.

According to her. the new customs conditions, however, require a new price adjustment for cheese specialties exported from Switzerland, such as Gruyère AOP. In the second quarter of this year. Emmi had already been forced to increase the prices of these cheese specialties due to the evolution of customs prices and exchange rates.

Wait. see coming

For the Saint-Galle manufacturer of Vannes Industriels Vat Group, it is premature, at this stage, to draw conclusions on the potential financial impact of the new tariff structure on business march. The specialist in Zurich heating and ventilation techniques Belimo does not want to decide immediately on possible consequences.

The Basel Pharmaceutical Subcontractor Lonza abounds in the same direction. The group declares “remain confident and closely monitor the development of American customs duties on imports”.

As for the Zurich chocolate maker Barry Callebaut, he says he is not concerned by the current regulations. A spokesperson recalls:

Finally. the Basel Sandoz pharmaceutical company does not have a production site in Switzerland and achieves more than 80% of its turnover outside the United States.

At the end of the Swiss Stock Exchange, the Lindt participation voucher melted from 1.0% to 11,850 francs, Sandoz abandoned 1.0% to 46.22 francs, Lonza dropped 1.1% to 565.60 francs confident swiss companies face trump’s and Vat Group lost 0.4% to 286.40 francs, in a SLI down 0.22%. Sika tumbled 1.3% to 190 francs while the Sonova nominative fell 0.09% to 222.10 francs, in a SMI in 0.15% withdrawal. (ATS)

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