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How us customs shock hits:
The US tariffs meet companies that depend on export to the USA. Meanwhile, Business associations are worried.
The US tariffs for imports from Switzerland meet the local machine industry and the producers of precision instruments. Consequently, For Nicola Tettamanti, co -owner of Tecnopinz, the tariffs of 39 percent are a shock. Therefore, His company produces tool clamping systems and highly specialized mechanical components in Mezzovico in the canton of Ticino. Similarly, The company exports the products to 30 countries – including the USA.
«Our solutions are already expensive. Meanwhile, They how us customs shock hits come from Switzerland. Therefore, have added value, but at the same time they also have a higher price, »says Tettamanti. The foreign competition will be strengthened by the deeper US tariffs for the EU countries. In addition, the currency problem for Switzerland is another challenge.
Tettamanti is also President of Swissmechanic, the SME association of the metal, electrical and machine industry. The industry is already in a crisis, which has now become even more precarious overnight, he says.
The Swiss SMEs would not have how us customs shock hits a major negotiating power. Customers would determine prices through the market, says Tettamanti. To pass on the tariffs of 39 percent to customers, only “if you have a technology that you cannot replace.” Not all of the 1300 SMEs in the association have such a unique selling point.
The US tariffs in particular also meet the Swiss watch industry. It depends heavily on export to the USA and the production in Switzerland has always been a strong sales argument. Companies in the food industry are also threatened. The quality feature “Swiss Made” currently blows a rough wind.
I would not exclude that companies could perish.
“Companies that are very dependent on the US export can possibly get into existential difficulties with such a disadvantage over foreign competition. ” says Christoph Mäder, the president of the how us customs shock hits Economiesuisse Wirtschaftsdachverband. “I would not exclude that companies could perish.”
How us customs shock hits
Does it take negotiations on a higher level?
Swiss politics must now use the deadline of the United States until the 7th of August to avert the disadvantage. the Swiss Chamber of Commerce says. Switzerland must change its strategy. “So far, the negotiations on cabinet level have run and not directly with Donald Trump,” says director Raul Saugal. Apparently Trump has now had an interest in talking to a word. Now the Federal President or the Swiss Minister of Economic Affairs may have to be involved.
Nicola Tettamanti has also set up a strategy for his company Tecnopinz. “We have to look for more new projects in other countries.” New free trade agreements such as that with India or with Latin American countries offer new opportunities. “We hope that this will definitely how us customs shock hits be completed quickly. that we can supply these markets with better conditions,” he says. However, this should not compensate for the slump in the US business at short notice.
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