Tuesday, 02 January 2024 12:17 GMT

Swiss Tech Sector Feels The Squeeze Of Trump's Tariffs


(MENAFN- Swissinfo) The Swiss tech industry remains under heavy pressure. On top of global political uncertainty and a strong Swiss franc, US tariffs are making life difficult for companies, it was reported on Friday. This content was published on November 14, 2025 - 10:18 2 minutes Keystone-SDA
  • Deutsch de Schweizer Tech-Branche spürt im dritten Quartal volle US-Zölle Original Read more: Schweizer Tech-Branche spürt im dritten Quartal volle US-Z

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Turnover rose by 3% in the third quarter of 2025 compared to the previous year, Swissmem, the Swiss association of small and medium-sized firms, reported on Friday. Large companies in particular saw an increase in turnover, while turnover among SMEs fell by 9%. And over the first nine months, there was an overall decline of 0.7%.

Incoming orders were up 5.4% in the third quarter, although this was also distorted by the base effect of a weak prior-year quarter, according to the report. Overall, orders stagnated from January to September and capacity utilisation in companies also continued to fall.

More More Swiss Politics Swiss economics minister praises 'very good' tariff talks with US

This content was published on Nov 14, 2025 Economics Minister Guy Parmelin was upbeat on Thursday after his visit to Washington to discuss tariffs.

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