Why is Ypsomed making these changes?

Ypsomed is making these changes due to the threat of a 39% tariff on imports from Switzerland, which would significantly increase the cost of its products.

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Swiss Medtech Firm Shifts Production Amid Tariff Threat

Q: What is Ypsomed planning to do in response to the tariff threat?

Ypsomed, a Swiss medical technology company, is planning to move some of its production to Germany and increase its output in the United States to avoid a 39% tariff on imports from Switzerland.

Q: How will Ypsomed's production changes impact the company?

By shifting some production to Germany and increasing output in the U.S., Ypsomed aims to reduce its reliance on Swiss imports and maintain a competitive position in the global market amid the evolving trade landscape.

5 Aug

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Summary

Ypsomed plans to move some production to Germany
Ypsomed to increase output in the U.S.
Threat of 39% tariffs on imports from Switzerland

Swiss Medtech Firm Shifts Production Amid Tariff Threat

In response to the looming threat of a 39% tariff on imports from Switzerland, Swiss medical technology company Ypsomed has announced plans to shift some of its production to Germany and increase its output in the United States.

According to Ypsomed's CEO, Simon Michel, the company is taking these measures to mitigate the impact of the potential tariffs. The tariffs, if implemented, would significantly increase the cost of Ypsomed's products imported from Switzerland, prompting the company to explore alternative manufacturing locations.

By moving a portion of its production to Germany and ramping up operations in the U.S., Ypsomed aims to reduce its reliance on Swiss imports and maintain a competitive position in the global market. This strategic move comes as the company seeks to adapt to the evolving trade landscape and ensure the continued success of its medical technology business.

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