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U.S. and Switzerland Strike Trade Agreement
Cheddar News
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6 weeks ago
The U.S. and Switzerland have reached a trade agreement that reduces tariffs on Swiss goods to 15% and includes a pledge of $200 billion in Swiss investment's.
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00:00
The U.S. and Switzerland have reached a trade agreement that reduces tariffs on Swiss goods to 15%
00:05
and includes a pledge of $200 billion in Swiss investment in the United States by 2028.
00:11
The deal will bring new manufacturing to the U.S. as Swiss companies commit to building facilities stateside.
00:17
The agreement aligns Swiss tariff rates with those imposed on EU imports
00:22
while maintaining a tariff to help address the U.S. trade deficit.
00:25
Switzerland hopes the tariff reduction will stabilize bilateral trade
00:30
after months of economic strain from previously imposed U.S. duties.
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