US tariffs threaten 100,000 jobs in the Swiss export industry!

US tariffs threaten 100,000 jobs in the Swiss export industry!

The US announcement that it will impose a 39 percent tariff on Swiss exports from August 7th raises massive concerns for the Swiss export industry. This decision directly affects around 100,000 employees in Switzerland Economiesuisse reported. Among the sectors affected, a fifth of workers work in the watch industry. The machinery and metal industries as well as food and tobacco products are also severely affected.

Although pharmaceutical products are currently exempt from tariffs, this could change in the future. The enacted tariff rate represents a significant competitive disadvantage for the Swiss export industry. In addition, a large number of employees in the pharmaceutical industry are expected to be influenced if tariffs on medicines are introduced.

Impact on jobs

The estimate of employees affected by tariffs may turn out to be too low, as export companies typically have larger numbers of employees. Suppliers and service companies that are linked to the export industry are also indirectly affected. The uncertainties and effects of customs policy on employment are currently difficult to estimate.

The duration of the unfavorable customs situation will be decisive for the development of employment. Experts are calling on the Swiss government to reduce tariffs and reduce bureaucratic hurdles for companies in order to reduce the competitive disadvantage.

Swiss helicopter as an example of export products

In addition to the challenges in the export industry, other areas are also in focus, such as the production of Swiss helicopters. The Schweizer 300 series, which includes models such as the S300C, S300CBi and S333, is known for its reliability and safety. These helicopters are recognized worldwide for critical missions and pilot training, further underlining their importance for Swiss exports, as shown on Swiss RSG is highlighted.

The models are characterized by robustness, flexibility, comprehensive spare parts supply and customer support. Features such as safety record and competitive operating costs make them particularly attractive to conscientious buyers. Important factors when purchasing are the purpose of the helicopter, the running costs and the safety features of the different models.

In this respect, both the export industry and aircraft manufacturers must deal with the effects of the new tariffs on their businesses and develop solutions in order to survive in an increasingly challenging market.