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Home News US tariffs on Swiss goods cut to 15% in deal struck with Trump administration
US tariffs on Swiss goods cut to 15% in deal struck with Trump administration
In exchange, Swiss officials committed to series of quotas for imports from the US on a duty-free basis
Donald Trump agreed to cut US tariffs on Switzerland from 39% to 15% as part of a new trade pact, lowering duties that strained economic ties and hit Swiss exporters.
The two countries have signed a “non-binding memorandum of understanding”, the Swiss government announced, following bilateral talks in Washington and intense lobbying by Swiss firms. Continue reading...
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