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U.S. and Switzerland agree on 15% tariff on Swiss goods, retroactive to Nov. 14, 2025, after negotiations.
Switzerland and the U.S. have agreed to a 15% tariff on Swiss imports, retroactive to November 14, 2025, down from an initial 39% rate.
The change follows negotiations after Swiss officials urged Washington to revise the higher tariff, which threatened key exports like watches, chocolate, and precision machinery.
In exchange, Switzerland pledged $200 billion in U.S. investments and reduced tariffs on American agricultural and fish products.
The new terms aim to restore fair market access for Swiss firms, aligning them with EU and other major trading partners.
Meanwhile, two Swiss lawmakers are calling for a probe into gifts reportedly given to Donald Trump by Swiss business leaders before the deal, raising concerns about potential violations of anti-bribery laws.
Estados Unidos y Suiza acuerdan un arancel del 15% sobre los productos suizos, retroactivo al 14 de noviembre de 2025, después de negociaciones.