Similarly,
Wait see coming – confident:
Customs duties of 39% imposed by the United States on Switzerland. Therefore, did not seem to be immediately worried about the companies contacted by the AWP agency. Nevertheless, Some see only a “limited impact” on their business, while others are wait -and -see.
ATS
Lindt & Sprüngli assured Monday that the 39% wait see coming – confident customs duties. Furthermore, imposed by the United States on Switzerland on August 1 will have only “limited effect” on its cases. Moreover, The Zurich chocolate maker says it assess different options to manage them.
“The vast majority of Lindt & Sprüngli products sold in the United States are made locally in the Stratham production plant in New Hampshire. ” a spokesman for the AWP agency told.
Construction chemist SIKA currently does not provide any measures in response to Donald Trump’s announcements made on Friday. 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 in the very country, Sika is well protected against the direct influence of customs duties,” said a spokesperson on AWP on Monday.
For his part. the Sonova assisted hearing specialist starts from the principle wait see coming – confident 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.
“These products are exempt from customs duties, whatever their origin,” said a spokesperson, interviewed by the AWP agency. The exemption is based on an international agreement recognized by the United States.
Emmi is also not worried. Contacted by AWP, the manufacturer of Lacernois dairy products explains “producing locally for the local market”. The company has production sites in Wisconsin, New Jersey, New York and California. “About 85% of our sales in the United States are made locally,” said 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. wait see coming – confident 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 – confident
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. “We produce outside Switzerland for the local market as well as for other non-American markets,” recalls a spokesperson.
Finally. the Basel Basel Sandoz wait see coming – confident 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 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.
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Further reading: We know which electric cars the Swiss prefer – Friborg: a thirty -something survives an attempt at feminicide – The MAH revisits the Swiss architecture of the 1930s, from Geneva to Zurich – Jura: explosion of scams to the false policeman targeting the elders – Trump customs taxes: political and economic shock in Switzerland.
