Switzerland Secures 15 % Tariff Cap in Landmark U.S. Trade Framework, Pledging US$200 B in Investment
Bern Confirms Immediate Tariff Relief, Thanks Trump for ‘Constructive Engagement’
Swiss Gold-Refiners Scout U.S. Sites After Tariff Deal Opens Door to Local Processing
Latest News
Tariff Pressure Forces Swiss Machinery Maker to Cut 80 Jobs, Highlighting Mobility Risks
Machine-tool maker Pfiffner is axing 80 jobs after months of tariff-induced order collapse, but may now relocate production to Ohio following the 15 % tariff deal. The story illustrates why mobility programmes need contingency plans tied to trade policy.
Switzerland Stops Issuing Multi-Entry Schengen Visas to Most Russian Citizens
Swiss missions abroad have been told to stop issuing multi-entry Schengen visas to most Russian nationals, effective immediately. Russian travellers will now need a new single-entry visa for every journey, increasing processing times and costs for companies that send staff through Swiss airports. The measure aligns Switzerland with the EU’s latest sanctions package and narrows the travel channels available to Russians.
Storms and ATC Staff Shortages Disrupt Flights at Swiss Hubs
High winds and ongoing ATC staff shortages led to 30 cancellations and nearly 450 delays across Europe on 13 November, with Swiss hubs in Zurich and Geneva among the hardest hit. On-time performance at Zurich fell to 71 percent, highlighting growing pressure on winter business travel as airports prepare for the new Schengen Entry/Exit System.
Finnair to Launch First Non-Stop Zurich–Kittilä Route for Winter 2026
Finnair will introduce a twice-weekly non-stop flight between Zurich and Kittilä from November 2026, giving Swiss travellers direct access to Finnish Lapland for the first time. The route reduces journey times, supports duty-of-care obligations for Arctic projects and shows confidence in Switzerland’s premium leisure and MICE markets.