US & Switzerland Near Deal to Cut 39% Tariffs

The United States is working with Switzerland to negotiate a significant reduction of the 39 % tariff imposed on Swiss exports earlier this year. President Donald Trump confirmed in Washington that talks are ongoing, stating: “We’re working on a deal to get their tariffs a little bit lower.” Switzerland, caught off guard when the U.S. imposed the steep levy in August, has been actively seeking a resolution. According to reports, officials familiar with the matter believe a new rate near 15 % could be reached within a fortnight—though no agreement is yet final. For Swiss industries—particularly luxury watchmakers, precision tools and machinery—whose exports to the U.S. are vital, the outcome could have major economic implications. #USSwitzerlandTrade #TariffReduction #SwissExports #GlobalTradeTalks #SlimScan #GrowthStocks #CANSLIM