Story perspectives
Swiss Economy Consults UBS to Navigate High US Tariffs
8/27/2025
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Story summary
- The Swiss economy ministry is consulting UBS Group AG to enhance US trade relations amid high tariffs.
- UBS's significant US presence may aid in negotiations.
- Finance Minister Karin Keller-Sutter confirmed no direct contact with UBS about tariff discussions.
- There are rising concerns about potential economic damage to Switzerland's export sector from the 39% tariff rate.
