US EditionU.S.-Switzerland Trade Talks: A Step Toward Tariff Resolution
Switzerland seeks to lower the 39% U.S. tariff on goods to protect key exports amid ongoing trade imbalance talks, officials confirmed.
- On Nov 4, U.S. President Donald Trump met senior Swiss representatives to discuss Trade and Trade Imbalance; he posted it was his `Great Honour to just meet with high level Representatives of Switzerland`.
- Driven by a 39 per cent U.S. tariff on Swiss goods, Mr Trump has imposed the tariff, prompting Bern to cut its 2026 growth forecast and Ms Helene Budliger Artieda to make repeated trips to Washington recently.
- Foreign sales of Swiss watches fell in September, driven by a 55 per cent plunge in exports to the US, while pharmaceuticals accounted for almost half of Swiss exports in 2024.
- Trade Representative Jamieson Greer will carry the talks forward, and Swiss President Karin Keller-Sutter declined to give a timeline, saying `In the end the US president decides`.
- Switzerland has offered to shift some gold-refining business to the US, recently proposing moving Swiss gold refiners' operations amid the US scrapping its 2025 gold-bar tariff plan.
29 Articles
29 Articles
The US President's conversation with Swiss business representatives spreads hope in Switzerland. Officially, American Trade Commissioner Jamieson Greer will continue the customs negotiations.
The Federal Council is informed about the talks: it is an attempt to reduce the customs duty on goods from Switzerland.
U.S.-Switzerland Trade Talks: A Step Toward Tariff Resolution
U.S.-Switzerland Trade Talks: A Step Toward Tariff Resolution U.S. President Donald Trump announced a meeting with senior Swiss representatives focusing on trade, praising participants for their efforts. This engagement follows recent U.S. tariffs and aims to move towards better trade agreements.The meeting concluded with plans for U.S. Trade Representative Jamieson Greer to continue discussions. Trump's optimism signals a potential breakthrough…
Trump says he met with Swiss representatives to discuss trade
WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday he met with senior representatives from Switzerland to discuss trade, among other topics, adding his praise for participants “on a job well done.” “The meeting was adjourned with the understanding that our Trade Representative, Jamieson Greer, will discuss the subjects further with Switzerland’s Leaders,” Trump wrote on Truth Social. Trump’s positive comment could spell good news …
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