Swiss tech industry struggles amid falling sales and US tariff uncertainty

Between January and March 2025, tech industry sales in Switzerland dropped by 3% compared to the same period last year, while new orders barely moved, slipping just 0.3%. + Get the most important news from Switzerland in your inbox The possible introduction of US tariffs on Swiss goods, announced by US President Donald Trump, has sparked fresh concern in Switzerland’s tech and manufacturing sector. On Tuesday, the industry’s umbrella group warned of a serious downturn if the measures go ahead. The warning comes as the sector marks its eighth straight quarter of decline, adding to the pressure. + Trump tariff shock: how Switzerland is positioning itself During the period in question, capacity utilisation in the sector dropped to 81.1% – well below the long-term average of 86%. Exports edged up slightly by 0.7% to CHF17 billion ($21 billion), driven largely by a 5.3% rise in shipments to the United States. That boost came as the Trump administration temporarily put additional tariffs ...