The Swiss government cut its 2026 economic growth forecast on Thursday, saying the U.S. tariffs were additional burdens on exporters and the nation's broader economy.

It now expects 0.9% economic growth in 2026, below the 1.2% growth forecast in June, while maintaining its 1.3% projection for 2025. The forecasts mean the Swiss economy is expected to continue growing below its long-term average rate of 1.8%. Switzerland is struggling to adapt to the 39% import duties imposed by Washington in August, among the steepest charges under President Donald Trump's trade policy reset.

The forecasts are adjusted for the impact of sporting events. "The additional tariffs are placing a heavy burden on affected sectors and export-oriented companies, with significant ripple effects expected across the

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