Swiss voters have rejected a proposal to limit immigration, averting a potential trade war with the European Union. The referendum outcome, while anticipated to be close, resulted in a decisive victory for opponents of the cap. Had the proposal passed, Switzerland would have been required to unilaterally restrict the number of foreign workers, likely triggering retaliatory measures from the EU, its largest trading partner. Business groups and the Swiss government had strongly campaigned against the initiative, warning of economic consequences. The result maintains the current agreement allowing freedom of movement between Switzerland and EU countries. Analysts suggest the margin of victory was wider than predicted, indicating significant public support for maintaining strong ties with the EU.