The Swiss voice in the world since 1935

Trump tariffs: 95% of Swiss SMEs don’t plan to move to US

95 per cent of Swiss SMEs are not planning to move to the USA
A survey carried out among the 1,350 SMEs affiliated to the Swissmechanic association found that only 65 are considering relocating their production processes to the US. Keystone-SDA

According to a survey, 95% of small and medium-sized industrial companies (SMEs) in Switzerland are not planning to relocate to the United States in the near future.

+Get the most important news from Switzerland in your inbox

A survey carried out among the 1,350 SMEs affiliated to the Swissmechanic association found that only 65 are considering relocating their production processes to the US.

The US nonetheless represents an important export market for half of all the companies surveyed, and accounts for up to a quarter of their turnover.

More

In general, most of the SMEs are suppliers. “For them, relocating production to the US would be complex, as they do not primarily export directly to the US,” the association said on Tuesday.

According to the association, a move away from the Alpine nation would mean a loss of expertise and quality for Switzerland as an industrial centre.

More

Swissmechanic represents small and medium-sized businesses in the mechanical, electrical and metal industry, with a total of over 65,000 employees and an annual turnover of around CHF15 billion.

What is your opinion? Join the debate:

External Content

Translated from German by DeepL/sb

How we work

We select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate them into English. An editor then briefly reviews the translation for clarity and accuracy before publication. Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.

Did you find this explanation helpful? Please fill out this short survey to help us understand your needs: https://survey.survicate.com/d0df481d0b13412d/?p=anonymousExternal link

Popular Stories

Most Discussed

News

Only one in five people attend a religious service at Easter

More

Just one in five Swiss attend a religious service at Easter

This content was published on Only one in five people in Switzerland attend a religious service during the Easter period or give up meat or alcohol for at least one day of fasting. Around 25% of those polled see Easter primarily as a family holiday, according to the survey.

Read more: Just one in five Swiss attend a religious service at Easter
Posters condemning Stephan Schmidheiny's role in asbestos deaths in Italy.

More

Swiss businessman gets prison term for asbestos deaths

This content was published on Stephan Schmidheiny has been sentenced to 9 years and 6 months in prison by the Turin Court of Appeal in a case against the former Eternit executive over deaths linked to asbestos exposure in Italy.

Read more: Swiss businessman gets prison term for asbestos deaths

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR