Zurich exporters gain from U.S. tariff cuts but demand less bureaucracy
The Zurich Chamber of Commerce has welcomed the recent reduction of U.S. tariffs on Swiss exports from 39% to 15%. Despite this positive move, the Chamber acknowledges challenges ahead for the export sector. The tariff reduction applies to Zurich-based exports to the U.S., valued at approximately two billion Swiss francs annually.
The Chamber has urged the canton of Zurich to provide relief for businesses facing export uncertainties. The reduction in tariffs has made local exporters competitive again with their European counterparts. However, the Chamber has also outlined key demands to further support the sector. These include a call for net-zero bureaucracy definition, lower taxes, and accelerated digitalization of government services. While specific names of leaders responsible for implementing these measures are not explicitly mentioned, figures such as Walter Wobmann and Adrian Amstutz, along with cantonal political party offices, are involved in related political discussions.
The Zurich Chamber of Commerce has welcomed the U.S. tariff reduction as a positive step for local exporters. However, it has also highlighted the need for further support from the canton of Zurich, including reduced bureaucracy, lower taxes, and faster digitalization of government services. These measures are seen as crucial for the export sector to navigate ongoing challenges and uncertainties.
