US Lowers Tariffs on Swiss Goods, Boosting Trade

Breaking News: U.S. Lowers Tariffs on Swiss Goods, Boosting Trade RelationsThe United States has significantly reduced tariffs on Swiss goods, dropping them from 39% to 15%. This change, effective retroactively from November 14th, brings relief to Swiss businesses facing high duties in Europe. The decision stems from a preliminary agreement between the U.S. and Switzerland, with Swiss companies committing to invest $200 billion in the U.S. economy by 2028. This reduction in tariffs will improve Swiss firms access to the American market, making them more competitive and fostering stronger economic ties between the two nations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.