News-News.Zip

News in English (USA) / 14.11.2025 / 17:00

U.S. and Switzerland Reach Trade Agreement to Lower Tariffs

The United States and Switzerland have reached a significant trade deal aimed at reducing the previously high tariffs imposed during the Trump administration. Under the agreement, tariffs on Swiss goods, including watches, will be lowered to 15%, providing relief for Swiss manufacturers and businesses. U.S. Trade Representative Jamieson Greer confirmed that the negotiations were positive and that the deal is expected to bolster manufacturing in America as well. The successful talks involved the engagement of Swiss ministers and business leaders, indicating a thaw in relations between the two countries. Officials anticipate further details will emerge, signaling a new chapter in U.S.-Switzerland trade relations.
BBC, CNN, CNBC, Reuters, Axios, The Wall Street Journal, Financial Times, "Barrons", The New York Times, Fortune