US tariffs on Swiss goods cut to 15% in deal struck with Trump administration

<p>In exchange, Swiss officials committed to series of quotas for imports from the US on a duty-free basis</p><ul><li><p><a href="https://www.theguardian.com/us-news/live/2025/nov/14/us-politics-latest-news-donald-trump-ice-bishops-jeffrey-epstein">US politics live – latest updates</a></p></li></ul><p><a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a> agreed to cut <a href="https://www.theguardian.com/us-news/trump-tariffs">US tariffs</a> on <a href="https://www.theguardian.com/world/switzerland">Switzerland</a> from 39% to 15% as part of a new trade pact, lowering duties that strained economic ties and hit Swiss exporters.</p><p>The two countries have signed a “non-binding memorandum of understanding”, the Swiss government announced, following bilateral talks in Washington and intense lobbying by Swiss firms.</p> <a href="https://www.theguardian.com/us-news/2025/nov/14/tariffs-swiss-goods-reduced">Continue reading...</a>