The Swiss government has expressed concerns over the impact of the newly imposed U.S. tariffs, which place a substantial strain on Switzerland’s export-oriented economy. Officials warn that if these tariffs are extended, the economic outlook could worsen compared to predictions made in June. Despite this, a Bloomberg survey of economists suggests that Switzerland’s economy is expected to remain resilient and largely withstand the tariff shock over the next year. Businesses in Switzerland are currently absorbing most of the tariff impact, and consumers have so far been spared, according to Goldman Sachs. In response to the 39% U.S. tariffs, Switzerland has sought to ease tensions by placing new arms orders with the United States. Additionally, the Swiss government has engaged with pharmaceutical industry leaders to discuss the tariffs, a critical issue for exports and healthcare pricing.