How Liberation Day rocked Switzerland
When President Donald Trump gathered the world’s media to the White House Rose Garden to unveil America’s “Liberation Day,” Swiss viewers were cautious but optimistic. Administration insiders had assured us that we had nothing to fear. During Trump’s first term in office, Switzerland had been the port in the storm of European opinion. As outsiders to the European Union, we were able to forge our own relationship with the American superpower. Our small alpine nation, with its population of 9 million, rose from the eighth largest foreign direct investor in the United States to the sixth. Swiss companies, like Nestle, Stadler and Novartis, ramped up their American operations, generating profits and jobs for both countries.
