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U.S. and Switzerland working on a deal to slash 39% tariffs
The U.S. and Switzerland are getting close to signing a trade deal to lower tariffs of 39% that President Donald Trump slapped on the country in August. The president confirmed on Monday that White House officials were “working on a deal to get the tariffs a little lower.” “I haven’t set any number, but we’re going to be working on something to help Switzerland,” he told reporters in the Oval Office. “We hit Switzerland very hard. But we want Switzerland to remain successful,” he added, saying the country had been a “very good ally.” The tariff on Swiss exports could be cut to 15%, matching the ... (full story)
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From finance.yahoo.com | Nov 10, 2025
Switzerland is close to securing a 15% tariff on its exports to the US, in what would be a relief for the country after it was hit with a punishing 39% levy in August, according to people familiar with the matter. A deal may be concluded within the next two weeks, said the people, who declined to be identified discussing ongoing negotiations. They also ...
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