The election of Donald Trump as the new US president raises concerns for the Swiss economy, which heavily relies on exports to the US. With Trump threatening tariffs of up to 20% on imports, Swiss companies could face significant disadvantages, as their products would become costlier in the American market. The potential for retaliatory tariffs from the EU complicates the scenario further. Economists predict that if tariffs are imposed, Switzerland’s GDP could drop, impacting the wealth of its citizens. Companies are advised to diversify their markets and consider local production in the US to mitigate these risks.