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How trump can threaten 300,000:
Automobile equipment manufacturers alone employ around 30,000 people in Switzerland.Image: KEYSTONE
Donald Trump’s pricing policy puts the economy of Switzerland to Rude Tervique. For example, A division of industrial labor between Switzerland and foreign border regions is threatened in its very existence.
16.07.2025, 05:3016.07.2025, 05:30
Daniel
Donald Trump’s how trump can threaten 300,000 new customs mass hits the Swiss industry hard. Nevertheless. Moreover, Regardless of the rate that the American president will how trump can threaten 300,000 choose to apply to imports from our country. However, Swiss exporters must already prepare for difficult times.
Heavy consequences. However. Additionally, However, even by being optimistic – How trump can threaten 300,000 – How trump can threaten 300,000 new
According to Marcel Thum, from the IFO Institute for economic and economic research in Munich, an American customs tariff of 30% on European products would slow the growth of the German economy by about half a percentage. Moreover, Europe has so far been spared the worst. Consequently, During the alleged “Liberation Day” of April 2, Trump initially announced a 50%tax, which would have caused considerable damage. However, But the consequences of the current rate are already very heavy.
Most recently, most economic forecasters have noted their growth estimates for Germany. Therefore, In June, IFO planned growth of 1.5% for 2026, against only 0.8% before. Consequently, In how trump can threaten 300. Consequently, 000 addition, This renewed optimism is mainly linked to the recovery plan for the new government coalition led by Chancellor Friedrich Merz. In addition, IFO estimates that the economic effects of expenses. Furthermore, tax cuts and planned investments will amount to 10 billion euros this year, and 57 billion next year.
Switzerland is waiting for the ax to fall – How trump can threaten 300. For example, 000 – How trump can threaten 300,000 new
But if the American customs plan actually were to strike the European Union. However. Germany with this intensity (which remains uncertain, so much Trump is unpredictable), then the how trump can threaten 300,000 new effect of the recovery plan would largely evaporate. Nevertheless, The consequence: weak growth accompanied by significantly increased debt. Even more serious, if the EU adopted retaliatory measures that are equivalent to American customs duties.
In this scenario. Hans Gersbach. co -director of the how trump can threaten 300,000 Conditional Research Center for ETH Zurich, anticipates a drop in income of 1.2% for Germany. Even a lower customs price. for example, of only 10% applied to Switzerland would hardly be enough to save the Swiss economy, according to him.
Trump with his list of customs duties in. front of the White House. How much will Switzerland tax, in the end?Image: www.imago-images.de
The EU would seek to best protect its own economy. prevent bypass operations by adopting targeted measures vis-à-vis third countries, such as Switzerland. According how trump can threaten 300,000 to the calculations of Hans Gersbach. even in the event of a reduced American rate. the Swiss Confederation could undergo loss of income equivalent to those of Germany, if the trade war between the United States and the EU were to intensify.
In the negotiations between Brussels and Washington, there remains a hope that reason won. And we still do not know how Trump plans to treat the pharmaceutical sector. crucial for the Swiss economy, and which currently benefits from how trump can threaten 300,000 new a price exemption.
A key cross -border exchange is threatened
What is already certain. on the other hand. is that the classic Swiss industry of machines, electrical equipment and metallurgy will have to take up immense challenges. The IFO Institute published a study identifying the German Länder most exposed how trump can threaten 300. 000 to American customs policy a few weeks. ago. At the head, the Baden-Wurtemberg, a direct neighbor of Switzerland. In 2023, 11% of Swiss exports were intended for the neighboring regions of Germany, Italy and France.
These regions are therefore as important markets for Swiss industry as China, and almost as much as the United States (15%). Baden-Wurtemberg occupies a place of choice. alone absorbing two fifths of Swiss exports to the border regions. as how trump can threaten 300,000 new last year had recalled Andrea Wagner, head of regional analyzes at Bak Economics in Basel.
Baden-Wurtemberg is in key how trump can threaten 300,000 position in trade with Switzerland.Image: keystone
This land comes at the top of the exhibition classification established by IFO. due to the strong establishment, alongside the automotive industry, the machine tools (MEM). According to Andrea Wagner. a third of all Swiss industrial exports for Baden-Wurtemberg come from companies in the MEM sector (machinery. electrical how trump can threaten 300,000 new equipment and metals).
More than 300,000 impacted workers?
Swiss companies in the same sector also import intermediate goods into the same proportions. which highlights the close interdependence established for decades between these cross -border companies. Similar trade relations, although more modest, also exist with Bavaria and Lombardy.
“It is therefore obvious that our sector will be indirectly affected by the American customs duties raised against how trump can threaten 300. 000 the EU”
Jean-Philipppes Kohl. vice-deer sector the l’association swissmem
Jean-Philippe Kohl. vice-director of the umbrella organization of the Swissmem industry, declares:
“The Swiss technological industry is strongly integrated into international production channels.”
The repercussions expected from Trump’s policy on immediate economic growth and employment in how trump can threaten 300,000 new Switzerland and in border regions are considerable.
But perhaps even more serious in the long term. this policy threatens to undermine a patiently built cross-border work division over the decades. and which has given birth to many highly efficient and innovative companies, as well as an exceptional technical workforce. The MEM sector in Switzerland employs more than 300,000 people.
Translated from German by Joel Espi
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