The outlook for the Swiss economy is turning gloomy, according to the State Secretariat for Economic Affairs.
It warns of a sluggish second half of 2025 and slower growth in 2026, largely due to US tariffs of up to 39% on Swiss products.
The agency now expects GDP to rise by just 1.3% next year and 0.9% in 2026.
SECO says the trade climate has become particularly difficult, citing US duties, a strong franc, and ongoing global uncertainty weighing on Swiss exports and competitiveness.
Govt ready to step in on train staff attacks
Police have to disclose nationality of offenders
Valais bar association says no new fire laws are needed
Major Swiss firm to cut jobs
Post your ballots on time
This winter was significantly warmer than average
