The Swiss authorities stated on Friday that US tariffs on its exports will be decreased to 15 % from 39 % and thanked President Donald Trump for a constructive engagement.
“Switzerland and the U.S. have successfully found a solution: U.S. tariffs will be reduced to 15%,” the Swiss authorities stated in a submit on X.
The authorities thanked Trump, including Economy Minister Guy Parmelin’s assembly with US Trade Representative Jamieson Greer on Thursday had been productive.
It would give additional particulars afterward Friday, the federal government added.
By John Revill and Miranda Murray; Editors: Matthias Williams and Thomas Seythal
Learn extra:
Switzerland Moves Close to Securing Improved 15% US Tariff Deal
A 15 % tariff on Swiss exports to the US would be a big enchancment from the earlier 39 % levy.