Trump and tariffs: danger or opportunity for the Swiss economy?

Trump and tariffs: danger or opportunity for the Swiss economy?

What are the effects of Donald Trump's trade policies on the global economy? This question is the focus of the upcoming event "More prosperity through protectionism? Will Donald Trump's plan work?", which will take place on November 18, 2025 at the Restaurant Krone in Gais AR. The discussion highlights developments in global trade policy that have been shaped by Trump's protocol decisions. While free trade has long been considered a recipe for success, tariffs are returning under Trump's leadership, creating a robust debate about the advantages and disadvantages of protectionism.

The event promises interesting insights, especially with regard to the fate of the Swiss economy in the face of new tariffs. But how exactly do Trump's measures affect trade relations? Critics of Trump's policies see the risks that lie in a possible dependence on worse trading conditions and higher consumer prices. These concerns have already led to growing unrest in the US over supply problems and rising prices, which could particularly affect poorer households. Loud Leaderdigital There are questions about the long-term benefits of Trump's protectionist approach.

A look into the past

Donald Trump is often accused of seeking a nostalgic return to the economic conditions before 1965. Here he is based on William McKinley, the US President, who introduced high import tariffs. McKinley's efforts to strengthen domestic industry initially led to an increase in production, but he also later recognized the need for global trade relationships. Trump, on the other hand, is pursuing the goal of using tariffs to secure the US economy and reduce the budget deficit. However, this strategy sees many critics who point out the lack of skilled workers and note that many jobs are being replaced by machines.

During his time in office, Trump used tariffs against China, the EU and other countries to reduce trade deficits. The Hanseatic city of Hamburg is also feeling the effects of these developments - many companies are uncertain about the future conditions, which noticeably limits their attractiveness for investors. Tariffs are not always stable and can be changed at short notice by presidential executive orders, further increasing uncertainty. bpb reports that these measures are also used as leverage in foreign policy disputes, as in the case of fentanyl smuggling with Mexico and Canada.

Planned discussion sets the course

The evening discussion in the Krone Restaurant offers a platform to take a closer look at both the successes and challenges of Trump's trade policy. What are the advantages of free trade? How strong are the negative effects of new tariffs? These questions need to be discussed, given that the conditions that Trump is creating through his tariffs are also putting a strain on international relations. The event could send an important signal in the debate about free trade, which has long been seen as the basis for global prosperity.

The next economic event not only represents an opportunity to gain insights into the past and future of trade, but also serves as a decisive step for the Swiss economy. Information and ticket reservations are available on the website wirtschaft-in-der-wirtschaft.ch.