凯投宏观：瑞士将受到特朗普关税打击

Core Viewpoint - The imposition of a 39% tariff on Swiss imports by the U.S. is expected to significantly impact the Swiss economy, particularly affecting its export-driven sectors [1] Economic Impact - The Swiss government is currently analyzing the situation following the announcement of the tariffs [1] - The estimated reduction in the Swiss economy due to these tariffs is approximately 0.6% [1] - If pharmaceutical products, currently exempt, are included in the tariff, the downward pressure on the economy will increase substantially [1] Growth Projections - Despite the tariffs, the Swiss economy is projected to continue growing, although at a significantly slower rate [1]