On Friday, Switzerland and the US reached a commerce settlement to scale back customs duties on Swiss merchandise to fifteen%, in response to what US Commerce Consultant Jameson Greer introduced in statements to CNBC.
For its half, the Swiss authorities confirmed in a put up on the “X” platform that the discount in charges will enter into power in response to the settlement, with further particulars to be revealed later at this time.
This growth comes after US President Donald Trump imposed 39% tariffs on Swiss exports final July.
This got here after a Swiss delegation failed to achieve an settlement throughout talks in Washington shortly earlier than the announcement of the tariffs.
