Swiss SMEs cut investment plans due to Trump tariffs

20min.ch (German)

Due to global political uncertainty, Swiss small and medium-sized businesses (SMEs) are reducing investment plans. This is according to a new survey by Raiffeisen bank. More than 60% of exporting SMEs are cutting back, with one in five planning significant reductions. Domestic-focused SMEs also show caution. Raiffeisen's purchasing manager index for manufacturing SMEs fell to 47.9 in March from 49.9 in February, signaling a business slowdown.


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