Published by Global Banking & Finance Review®
Posted on February 23, 2026
1 min readLast updated: April 2, 2026
Add as preferred source on GoogleSwitzerland says it still seeks a legally binding trade pact with the U.S., aiming to cement a 15% tariff cap agreed in 2025. Talks continue despite a Feb. 2026 Supreme Court ruling on Trump-era tariffs. (geo.admin.ch)
ZURICH, Feb 23 (Reuters) - Switzerland still plans to broker a legally-binding agreement from talks with the United States aimed at finalising a preliminary deal struck in late 2025 that cut U.S. tariffs on Switzerland to 15% from 39%, the government said on Monday.
The Swiss Economy Ministry said it is continuing to adhere to its mandate to seal a deal with Washington, noting that key stakeholders such as Switzerland's cantons had not called for a stop to negotiations following the U.S. Supreme Court's decision to strike down President Donald Trump's tariffs.
"The primary objective of the ongoing negotiations has from the outset been a legally binding agreement that would provide Swiss companies with the greatest possible legal certainty," the ministry said, noting that it was sticking to this goal.
(Reporting by Dave Graham, Editing by Linda Pasquini)
Switzerland remains committed to finalizing a legally binding trade agreement with the United States, building on a 2025 framework that capped U.S. tariffs on Swiss imports at 15%. (geo.admin.ch)
The Feb. 20, 2026 ruling struck down most IEEPA-based tariffs, but negotiations continue; sectoral duties like Section 232 still apply, so Switzerland seeks long-term legal certainty. (washingtonpost.com)
Swiss officials aim for significant progress and a possible conclusion in Q1 2026, depending on outcomes with Washington and stakeholder consultations. (seco.admin.ch)
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