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Swiss leaders to discuss tariff situation with Roche, Novartis, Bloomberg says

Switzerland’s government, including Economy Minister Guy Parmelin and Interior Minister Elisabeth Baume-Schneider, have reached out with Roche (RHHBY) and Novartis (NVS) to discuss the tariffs imposed by the U.S. on the country, Bloomberg reports, citing comments made by a spokesperson. While pharmaceuticals are currently exempt from the tariffs, that may soon change, with the president warning of possible measures on the sector in the next weeks.

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