US Tariff Shock for Swiss Industry: The US has replaced an expiring temporary levy with Section 301 forced-labour tariffs covering 60 economies, effective July 24, with rates of 10% or 12.5% (plus product exemptions). Switzerland says the forced-labour allegations are unjustified and that there’s no proof Swiss supply chains are used to smuggle forced-labour goods into the US, while Swiss business group Economiesuisse warns the move raises export costs without resolving uncertainty. Swiss Food Supply Chain Under Scrutiny: Swiss chocolatier Lindt is sued in a US federal court over alleged child labour in cocoa from Ghana and Ivory Coast, despite Lindt’s denials and claims of supplier protocols and investigations. Swiss Pharma Deal Watch: Samsung Biologics is set to acquire Switzerland-based PolyPeptide for about CHF 1.46bn (USD 1.8bn), expanding into peptide therapeutics and aiming to delist PolyPeptide from SIX. Automation at Swiss Nuclear Site: Deep Robotics’ quadruped robots have entered service at Leibstadt to support inspections and digital maintenance inside the plant’s secure network. Aviation Leadership in Switzerland’s Orbit: IATA appoints Saadia Zahidi as its first female Director General, starting Nov 1, 2026. Sustainability in Swiss Hospitality: Park Hotel Vitznau and Campus Hotel Hertenstein win inaugural Green Globe certification. Defense Industrial Expansion Near Switzerland: Rheinmetall begins construction of a major powder plant at Aschau am Inn, with production ramping from 2027.