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us,-switzerland-reach-tariff-deal-that-lowers-duties-on-swiss-goods-to-15-percent
US, Switzerland Reach Tariff Deal That Lowers Duties on Swiss Goods to 15 Percent

US, Switzerland Reach Tariff Deal That Lowers Duties on Swiss Goods to 15 Percent

Last updated: November 14, 2025 7:48 pm
By Tom Ozimek
1 Min Read
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US, Switzerland Reach Tariff Deal That Lowers Duties on Swiss Goods to 15 Percent

Treasury Secretary Scott Bessent during a U.S.–Swiss meeting in Geneva, Switzerland, on May 9, 2025. Martial Trezzini/Keystone via AP

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.

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