Switzerland’s First GDP Drop Since 2023 Was Driven by Exports
Switzerland’s first quarter of contraction in more than two years was driven by trade as pharmaceutical and chemicals exporters reeled from the impact of outsized US tariffs.
By Bastian Benrath-Wright · Bloomberg Markets
Switzerland’s first quarter of contraction in more than two years was driven by trade as pharmaceutical and chemicals exporters reeled from the impact of outsized US tariffs.