
Trade Conflict: How Swiss Companies Are Preparing For Trump Tariffs
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The machine industry umbrella organization Swissmem sounded the alarm at the end of February:“Weeks of uncertainty often pass between the announcement of tariffs and their entry into force, which is demoralising,” said Swissmem President Martin Hirzel.
Many company bosses confirmed this at their annual media conferences held in recent weeks. They read the constantly changing headlines about newly imposed or threatened tariffs with concern.
“There is virtually no planning certainty,” said Jahangir Doongaji, head of construction equipment manufacturer Hilti. It remains to be seen what these tariffs will mean for the global economy and therefore also for investment in the construction industry.
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