Swiss National Bank chairman warns of 'great insecurity' caused by US tariffs

The president of the Swiss National Bank (SNB), Martin Schlegel, has warned of the huge financial uncertainties caused by recent US tariffs. +Get the most important news from Switzerland in your inbox "We think that growth will slow down, but we do not foresee a recession in Switzerland," Schlegel told the Swiss Media Forum in Lucerne on Friday. He pointed out that the increase in customs duties could penalise Swiss products because they become more expensive in the US, but also because other countries...