Swiss Economy Seen Weathering Trump’s Tariff Shock for Now

A Swatch watch store in Miami Beach, Florida. US.

Photographer: Joe Raedle/Getty Images

Switzerland’s economy will prove resilient enough to largely shake off the shock of US tariffs over the next year or so, according to a Bloomberg surveyBloomberg Terminal of economists.

Forecasters have cut their projections for annual growth, adjusted for large sport events, by just 0.1 percentage point for 2025 and 2026. Expansion will be 1.4% and 1.1% for each year respectively, the median of eight respondents shows.