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flag The U.S. launched a trade probe into industrial overcapacity in 16 countries, including Switzerland, over concerns about unfair practices and a growing trade deficit.

flag The U.S. has launched a Section 301 investigation into industrial overcapacity in 16 countries, including Switzerland, citing concerns about unfair trade practices harming the U.S. economy. flag The probe, prompted by a Supreme Court ruling blocking Trump’s executive tariff authority, aims to assess whether excess production leads to market distortions and could result in new tariffs. flag Switzerland is engaged in ongoing talks with the U.S. Trade Representative to understand the investigation’s impact on bilateral trade negotiations. flag The U.S. cited a growing trade deficit with Switzerland, driven by exports of gold, pharmaceuticals, chemicals, and machinery, which previously led to a 39% tariff in 2025—later reduced to 15%. flag Public hearings are set for May, and affected nations will be consulted.

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