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Swiss Govt: Reduction in US additional tariffs to enter into force retroactively
SWISS GOVT: REDUCTION IN U.S ADDITIONAL TARIFFS TO ENTER INTO FORCE RETROACTIVELY
— First Squawk (@FirstSquawk) December 10, 2025
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Swiss government: With the US tariff ceiling of 15%, trade-weighted US tariffs on Swiss products will fall by around 10% on average.
— FinancialJuice (@financialjuice) December 10, 2025
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Swiss Gov't: Sectoral tariffs on steel, cars, aluminium and copper remain in place.
— FinancialJuice (@financialjuice) December 10, 2025
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Reduction in US additional tariffs to enter into force retroactively
With the entry into force of the new US customs regulations retroactively from 14 November 2025, the applicable US tariffs on Swiss goods will be significantly reduced. The USA will apply an across-the-board tariff ceiling of 15% on imports from Switzerland, replacing the previous additional tariff of 39%. The existing exemptions from US additional tariffs – including pharmaceuticals, certain chemicals, gold and coffee – remain in force unchanged. In addition, based on the joint statement, the US is to lift the general additional tariff on further Swiss export products, including aircraft, certain ... (full story)
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SWISS GOVT: THIS APPLIES RETROACTIVELY FROM 14 NOVEMBER 2025
— First Squawk (@FirstSquawk) December 10, 2025
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