The United States and Switzerland have reached a trade deal under which Swiss imports to America will be subject to a reduced 15 percent duty, officials said.
U.S. Trade Representative Jamieson Greer told CNBC on Nov. 14 that the administration had “essentially reached a deal” with the Swiss government after months of negotiations in the context of President Donald Trump’s reset of U.S. trade ties with the rest of the world.
Under the Trump administration’s trade policy, Swiss goods were hit with a 39 percent tariff, one of the highest rates imposed on any country and substantially higher than the 15 percent applied to European Union member states….
US, Switzerland Reach Tariff Deal That Lowers Duties on Swiss Goods to 15 Percent
