Swiss economy rebounds after Trump tariff shockBloombergSwitzerland’s economy rebounded at the end of last year, partially shaking off the impact of outsized tariffs inflicted by US President Donald Trump. “Growth in the services sector was muted, while the industrial sector stagnated,” the Swiss State Secretariat for Economic Affairs said in a statement on yesterday. Photo: EPAThe reading suggests resilience in the Swiss economy after the initial shock of Trump’s 39 percent tariff in August last year drove its biggest contraction since the COVID-19 pandemic. The GDP report excludes data from large sport events, because they can distort the overall picture of the country’s economy. A final growth reading along with further details on its drivers are to be published on Feb. 27.

Source: Taipei Times February 16, 2026 17:23 UTC