“We are living in a new era of power politics”
On Switzerland’s economic situation in the “Trump 2” era
by Rudolf Strahm*
(19 September 2025) (19 September 2025) Trump’s tariff hammer is hitting Switzerland hard, but not unexpectedly. Rudolf Strahm analyses the situation and calls for Switzerland’s gold exports to be immediately removed from the trade balance and for a long-term rethink of trade policy in line with the new global realities.