{"id":56959,"date":"2025-03-04T18:43:21","date_gmt":"2025-03-04T18:43:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/04\/swiss-market-ends-notably-lower-on-trade-war-concerns\/"},"modified":"2025-03-04T18:43:21","modified_gmt":"2025-03-04T18:43:21","slug":"swiss-market-ends-notably-lower-on-trade-war-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/04\/swiss-market-ends-notably-lower-on-trade-war-concerns\/","title":{"rendered":"Swiss Market Ends Notably Lower On Trade War Concerns"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended notably lower on Tuesday after languishing in negative territory right through day&#8217;s trading session amid concerns about global economic growth as fresh U.S. tariffs on Canada, Mexico and China took effect today, and China and Canada announced retaliatory measures.<\/p>\n<p>U.S. President Donald Trump&#8217;s threat that he will impose reciprocal tariffs from early April, hurt as well.<\/p>\n<p>In retaliation, Canada announced 25% tariffs on $107 billion worth of U.S. goods, with $20.7 billion in immediate effect. Mexican President Claudia Sheinbaum said her country is preparing countermeasures.<\/p>\n<p>China has announced 15% tariffs on U.S. chicken, wheat, corn and cotton, plus 10% cent tariffs on soybeans, pork, beef and dairy beginning March 10.<\/p>\n<p>U.S. President Donald Trump reiterated that he will impose reciprocal duties with effect from April 2, and the first target will be a levy on agricultural products.<\/p>\n<p>The benchmark SMI ended down 159.94 points or 1.21% at 13,006.74, slightly off the day&#8217;s low of 12,991.81.<\/p>\n<p>UBS Group plunged 7.2%. Partners Group tumbled 6.1% and Logitech International closed lower by 5.84%. <\/p>\n<p>Kuehne + Nagel, Sika and Holcim settled lower by 5%, 4.75% and 4.3%, respectively. ABB, VAT Group, Straumann Holding, Adecco, Swatch Group, Geberit and Alcon lost 2 to 4%.<\/p>\n<p>Julius Baer, Richemont, Swiss Life Holding, Lonza Group, Zurich Insurance Group, Sonova and Swiss Re also ended notably lower.<\/p>\n<p>Lindt &amp; Spruengli climbed about 8.25%. Nestle, Schindler Ps, SIG Group, Roche, Givaudan and Novartis ended down 0.4 to 1.3%. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Swiss Market Ends Notably Lower On Trade War Concerns<\/a><br \/>\n<br \/>2025-03-04 18:43:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended notably lower on Tuesday after languishing in negative territory right through day&#8217;s trading session amid concerns about global economic growth as fresh U.S. tariffs on Canada,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-56959","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=56959"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56960"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}