Switzerland’s Council of States has rejected a popular initiative on subsidised childcare but endorsed a watered-down alternative, reported SRF. The initiative, backed by the Social Democrats, Greens, Centre Party, Green Liberals and trade unions, would entitle every child from the age of three months until the end of primary school to supplementary childcare. Parents’ contributions […]
Swiss minister heads to Washington to relaunch trade talks
Guy Parmelin, Switzerland’s economics minister, has travelled to Washington to present a revised proposal aimed at ending a long-running customs spat with the United States, reported RTS on 5 September 2025. His colleague, Ignazio Cassis, the foreign minister, confirmed during a visit to Reichenau that Bern had developed an optimised offer for Washington. The trip […]
Swiss Post stops sending parcels to America
This week, Swiss Post announced it would stop accepting parcels bound for America from 26 August 2025. The suspension, which follows similar moves by other European postal operators, stems from new American customs rules requiring every package—regardless of size or value—to be declared and cleared. Letters, documents and express deliveries remain unaffected. The change follows […]
Did Swiss president’s lecturing scupper US tariff negotiations?
Did a phone call with Switzerland’s president provoke Donald Trump into slapping punitive tariffs on the country? According to SonntagsBlick, citing unnamed American sources, Karin Keller-Sutter, Switzerland’s president, so irritated the US president during an exchange on 31 July 2025, that he imposed a 39% tariff on Swiss goods—the highest rate imposed on any developed […]
If we give in, Trump will demand more, says Swiss political scientist
Donald Trump’s tariffs threaten to dent Swiss exports. They have also sparked what Joseph de Weck, a Swiss historian and political scientist, calls an identity crisis in a country long used to navigating between great powers. Mr Trump treats trade deficits as the source of almost every American ill—debt, deindustrialisation, even the opioid crisis. Tariffs […]
Swiss jobs market: more workers, more jobless
Switzerland’s labour market looked both buoyant and brittle in the second quarter of 2025. Employment edged up, but unemployment did too, according to a report published by the Federal Statistical Office this week. The number of people in work rose by 0.6% year on year to 5.36m, according to the Federal Statistical Office. Adjusted for […]
Swiss federal deficit far smaller than feared
Switzerland now expects a much smaller federal deficit in 2025, reported RTS. The shortfall should be about CHF 200 million, versus the CHF 800 million pencilled into the budget. Bern says the improvement does not alter its savings programme. The better than expected result driven by a windfall rather than a trend. The upgrade stems […]
Most Swiss against making concessions to the US
Swiss voters expect pain from America’s new border taxes but do not want Bern to blink. In a YouGov Switzerland poll, two-thirds (66%) say the 39% tariff on Swiss exports to the United States—introduced on 7 August 2025—will significantly harm the economy. Only 5% foresee little or no impact. Despite that, just a quarter (25%) […]
Trump tariff u-turn triggered by Swiss gold refiner’s request for guidance
After 23 hours of pandemonium in bullion markets, the White House has hinted it may row back on a decision that sent gold traders scrambling. An executive order, to be issued “in the near future”, will clarify that imports of gold bars are not, in fact, subject to tariffs, according to an official statement, reported […]
Switzerland’s jobless rate holds steady
Switzerland’s unemployment rate held steady at 2.7% in July 2025, unchanged from the previous month, according to data published this week by the State Secretariat for Economic Affairs (SECO). Adjusted for seasonal variation, the figure remained flat at 2.9%. SECO’s Directorate of Labour, noted that current joblessness is broadly in line with the Swiss labour […]
