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US tariffs on Swiss goods cut to 15% in deal struck with Trump administration

14.11.2025 19:16 | The Guardian World

In exchange, Swiss officials committed to series of quotas for imports from the US on a duty-free basisUS politics live – latest updatesDonald 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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