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Center for Trade and Economic Integration
17 December 2024

CTEI Experts Discuss the Future of Trade Policy in View of the Recent Re-Election of Donald Trump

The re-election of Donald Trump has reignited debates about the future of global trade policy, bringing issues such as protectionism, the role of free trade agreements, and Switzerland's economic positioning to the forefront. Two of our distinguished researchers at CTEI, Charlotte Sieber-Gasser and Cédric Dupont, recently explored these topics in separate interviews, sharing insights in their respective languages.

Charlotte Sieber-Gasser highlighted the increasing challenges posed by shifting trade dynamics. She emphasized Switzerland's reliance on international trade and stressed the importance of forging sustainable alliances with strong partners in this context. According to Charlotte Sieber-Gasser, Trump’s tariff policies could deeply affect Switzerland as a highly globalized nation integrated into global value chains. She noted the risk of diminished protection from international law under Trump’s policies, potentially leaving Switzerland isolated. As the discussion moved to the negotiation of free trade agreements with global players such as the US or China, Charlotte Sieber-Gasser pointed out that the legal framework for trade relations is changing and stressed the importance of agreements that balance economic interests with commitments to human rights and environmental sustainability. 

Cédric Dupont discussed the resurgence of protectionism and its potential global consequences. He referred to Trump’s tariff strategies as a "lose-lose proposition" and underscored the importance of Switzerland maintaining its liberal trade policies. Cédric Dupont also addressed the critical need for Switzerland to conclude negotiations with the European Union, as uncertainty could harm its economic prospects. He praised Switzerland’s network of free trade agreements, including the recently signed agreement with India, as key to diversifying trade relationships and mitigating risks in an increasingly volatile geopolitical environment.

Both experts provide nuanced perspectives on how Switzerland can navigate these turbulent times, maintaining its economic strengths while adapting to global changes.

To hear their complete insights, we invite you to listen to their interviews:

Explore their analyses and gain a deeper understanding of the challenges and opportunities facing Switzerland and the global trade landscape.