Swiss businesses are closely monitoring U.S. trade policies under President Donald Trump, particularly regarding potential 20% tariffs on imports. With the U.S. now Switzerland’s largest export market, companies like Thermoplan and Breitling express concerns about the challenges of relocating production and maintaining quality. Currently reliant on Swiss suppliers, manufacturers are hindered by a lack of skilled labor in the U.S., especially in the watch industry. Both leaders advocate for a free trade agreement to ease trade tensions, emphasizing the strategic importance of U.S.-Swiss trade relations.