Switzerland and the US Make a Big Trade Deal

A Win-Win Agreement

Switzerland and the United States have just finalized a significant trade deal, benefiting both nations.

Key Highlights

• Lower Tariffs on Swiss Goods
• The US will reduce tariffs on Swiss products to 15% from the previous 39%.

• Swiss exports to the US will become more affordable and competitive.

• Boost for Swiss Economy
• The US is Switzerland's top export partner.
• High tariffs had been a burden on Swiss businesses.

• This deal provides much-needed relief and growth opportunities.

• Reciprocal Tariff Reductions
• Switzerland will also lower tariffs on US goods, including:
• Fish and seafood
• Certain farm products

• Switzerland will allow more US meat imports, benefiting American farmers.

• Massive Investment Commitment
• Switzerland plans to invest $200 billion in the US by 2028.

• This investment underscores Switzerland's commitment to the trade agreement.

• Additional Tariff Exemptions
• The US will lift extra tariffs on Swiss products such as:
• Aircraft
• Rubber products
• Medicines
• Switzerland hopes for further exemptions in the future.

A Step Forward in Trade Relations

This landmark deal will facilitate easier and cheaper trade between the two nations, strengthening their economic partnership.