Switzerland’s long-mooted trade negotiations with the United States can now proceed. On Wednesday the Federal Council approved the final negotiating mandate for a tariff agreement, clearing the way for formal talks with Washington, reported RTS. Parliamentary foreign-affairs committees and the cantons were consulted in advance. On the basis of their feedback, the government made modest […]
Switzerland’s last commuter paper prints its final edition
20 Minutes, Switzerland’s free commuter newspaper, appeared in print for the last time on Tuesday, ending a 26-year run, reported the newspaper. Its publisher, TX Group, had announced the decision in the summer. The closure also consigns to history the blue distribution boxes that once stood at railway stations and tram stops across the country. […]
Trump announces drug price deal with Novartis and Roche subsidiary
Donald Trump has announced a deal with several large pharmaceutical firms, including Switzerland’s Novartis and Genentech, a subsidiary of Roche, reported SRF. The agreement, unveiled at the White House, is intended to lower the prices of selected medicines in the United States and to allow drugmakers to sell them directly to consumers online. In exchange, […]
Trump sets deadline to conclude binding trade agreement with Switzerland
Donald Trump has set Switzerland a deadline to conclude a binding trade agreement, reported RTS. Washington wants a legally enforceable deal in place by March 31st 2026. Failing that, the United States says it may review and reconsider the tariffs imposed on Swiss exports. According to several Swiss newspapers, the Trump administration is keen to […]
Swiss voters deliver a double “no” on inheritance tax on super rich and universal civic service
On 30 November 2025 the Swiss electorate decisively rejected two headline proposals: a sweeping federal inheritance and gift tax for the super-rich, and a scheme to make civic service mandatory for all citizens. The inheritance-tax measure — a 50% levy on estates and gifts above CHF 50 million — was turned down by 78% of […]
Switzerland’s median salary surpasses CHF 7,000 a month
The median full-time salary in Switzerland rose to CHF 7,024 (US$8,780) a month in 2024, up 3.5% from CHF 6,788 two years earlier, according to the Federal Statistical Office. Despite nominal gains, the overall shape of the country’s wage pyramid has changed little since 2008. The bottom 10% of earners took home less than CHF […]
Cuts in Swiss bureaucracy could save 30 billion a year
Swiss business and farming groups are stepping up calls for a rollback of red tape, warning that an expanding regulatory burden is stifling productivity just as labour shortages intensify. They are urging the Federal Council and parliament to act before the end of the current legislative term. At a press conference in Bern, economiesuisse, the […]
Corruption complaint filed against Swiss executives over gifts to Trump
Two Swiss Green Party lawmakers have filed a criminal complaint for suspected corruption against a group of Swiss business leaders who presented luxury gifts—including a Rolex clock and a one-kilogram gold bar—to Donald Trump during recent trade talks in Washington, reported RTS. The complaint, submitted to the federal prosecutor by Raphaël Mahaim and Greta Gysin, […]
Swiss aircraft maker regains duty-free access to the US market
Pilatus, Switzerland’s aircraft manufacturer, has unexpectedly secured a full exemption from American import duties, reported SRF. The Federal Department of Economic Affairs, led by Guy Parmelin, confirmed to SRF that Washington has reactivated a long-standing aviation agreement dating from 1979, allowing the firm to ship its PC-12 and PC-24 models to the United States duty-free. […]
Switzerland wins deal to cut US tariffs from 39% to 15%
American tariffs on Swiss exports, imposed by Donald Trump, will fall from 39% to 15% after a flying visit to Washington by Guy Parmelin, Switzerland’s economy minister, repprted RTS. The Federal Council announced on Friday that Bern and Washington had reached a non-legally binding declaration of intent. The deal does not fully restore the pre-tariff […]
