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Swiss Brace for a Brexit-Like Trade Tussle With EU

A Swiss national flag flies near residential properties in Lugano, Switzerland
A Swiss national flag flies near residential properties in Lugano, SwitzerlandPhotographer: Akos Stiller/

Swiss makers of everything from prosthetic knees to hearing aids have been put on notice.

Starting Wednesday, Switzerland’s medical-technology companies won’t be able to freely export their wares to the European Union but will be knocked down to “third-country” status, requiring them to establish a representative within the bloc and meet the EU’s product-labeling specifications.