Swiss investors are preparing for a potential market downturn on Monday as the country’s stock markets reopen following the imposition of US President Donald Trump’s 39% export tariff. The tariff, which applies to Switzerland and other countries, is among the highest in the world and could have significant repercussions on Swiss stocks.
The tariff was announced over a holiday weekend, Swiss National Day, meaning that any immediate market impact will only be felt once trading resumes. However, for countries like Canada and Switzerland, which face significantly higher duties, the effects of the tariff are expected to be particularly severe.
Markets will closely watch developments in the coming days as investors adjust to the new trade landscape. The impact on Swiss stocks is a key concern, with many investors bracing themselves for potential losses.
Source: https://www.bloomberg.com/news/articles/2025-08-03/trump-tariffs-stun-swiss-investors-ahead-of-monday-s-market-open