2025年,由于美国的关税、冲击出口和促成新的贸易交易,瑞士经济在Q3下降。 Switzerland’s economy shrank in Q3 2025 due to U.S. tariffs, hitting exports and prompting a new trade deal.

2025年第三季度,瑞士经济萎缩了0.5 % , 这是自2023年年中以来首次收缩,原因是8月征收39%的关税后,对美国的出口急剧下降。 Switzerland’s economy shrank by 0.5% in the third quarter of 2025, its first contraction since mid-2023, driven by a sharp drop in exports to the U.S. after a 39% tariff was imposed in August. 化学、制药和制表等关键部门受到重创, 9月美国手表出口下降超过50%。 Key sectors like chemicals, pharmaceuticals, and watchmaking were hit hard, with watch exports to the U.S. falling over 50% in September. 一项新协议将关税降低到15%,包括瑞士承诺在美国投资2 000亿美元,缓解但不消除贸易挑战。 A new agreement reduced the tariff to 15% and included a Swiss pledge to invest $200 billion in the U.S., easing but not eliminating trade challenges. 瑞士国家银行可考虑减息,可能减息为负区,因为通货膨胀仍然接近于零。 The Swiss National Bank may consider rate cuts, possibly into negative territory, as inflation remains near zero. 预计全年增长率为1%至1.5%,2026年减速为1%。 Full-year growth is projected at 1% to 1.5%, slowing to 1% in 2026. 一份详细的GDP报告将于11月28日到期。 A detailed GDP report is due November 28.