{"id":78177,"date":"2025-08-18T19:47:16","date_gmt":"2025-08-18T19:47:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/78177\/"},"modified":"2025-08-18T19:47:16","modified_gmt":"2025-08-18T19:47:16","slug":"swiss-firms-switch-gears-to-look-for-growth-in-asia-after-trump-imposes-39-per-cent-tariff","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/78177\/","title":{"rendered":"Swiss firms switch gears to look for growth in Asia after Trump imposes 39 per cent tariff"},"content":{"rendered":"<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">ZURICH\u00a0\u2013 US President Donald Trump\u2019s surprise 39 per cent tariff on Swiss goods has the Alpine nation\u2019s enterprises scrambling to mitigate the impact on their businesses, with some switching gears to look for growth in Singapore and other parts of Asia, among other strategies.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cIf the 39 per cent tariff continues, we will have to reduce reliance on the US market and focus on growth in Asia \u2013 places like Singapore, India (and) Bangkok,\u201d Mr Renzo Davatz, the chief executive officer of Netstal, a 550-employee manufacturer of injection moulding machines in the industrial canton of Glarus, told The Straits Times.<\/p>\n<p>SwitzerlandTariffsDonald TrumpTradeTrade war<\/p>\n","protected":false},"excerpt":{"rendered":"ZURICH\u00a0\u2013 US President Donald Trump\u2019s surprise 39 per cent tariff on Swiss goods has the Alpine nation\u2019s enterprises&hellip;\n","protected":false},"author":2,"featured_media":78178,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-78177","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/78177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=78177"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/78177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/78178"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=78177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=78177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=78177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}