Published by Global Banking & Finance Review®
Posted on November 11, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleSwitzerland is close to a deal with the US to reduce tariffs on Swiss exports to 15%, pending President Trump's approval, with a decision expected soon.
ZURICH (Reuters) -Switzerland could agree a deal with the United States to lower U.S. tariffs on Swiss exports to 15% as early as Thursday or Friday this week, a Swiss source told Reuters on Tuesday.
The source said the deal could also come early next week, but cautioned an agreement to lower tariffs from the current 39% was not set in stone until U.S. President Donald Trump had given his approval.
(Reporting by Dave Graham, Writing by John Revill;Editing by Alison Williams)
The President of the United States plays a crucial role in negotiating and approving trade agreements, which can impact tariffs and international trade relations.
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