Keystone-SDA
After the day’s customs mass at Friday, the attention focused on the Swiss scholarship on Monday. According to experts, the equity market should clearly go back. It also remains to be seen how the Federal Council will proceed after the announcement of customs duties of 39%.
(Keystone-ATS) According to concordant press information, the government will meet on Monday for a virtual crisis session, but no confirmation from the federal chancellery or federal departments was still available on Monday morning.
The State Secretariat for the Economy (SECO) must also meet representatives of the economy due to customs duties on Swiss imports announced by US President Donald Trump.
Watchmakers and luxury values, as well as pharmaceutical titles should be particularly jostled by the unexpected level of taxes imposed on Swiss exports. Last Friday, there had been no stock market trading in Switzerland due to national holiday.
