Swiss firms invest 27 billion dollars in US projects
Swiss companies invested 27 billion dollars in the United States between January and April as part of a pledge to spend 200 billion dollars over five years. Major investors include Novartis, Roche, and MSC following a deal to reduce punitive tariffs on Swiss goods.
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Switzerland firms invested $27 billion in the United States between January and April to fulfill a $200 billion five-year pledge. The commitment follows a November 14 agreement that reduced U.S. tariffs on Swiss goods to 15% from a 39% punitive rate. These capital flows aim to secure market access as the U.S. government prepares new labor-related trade measures against Swiss exporters.
