US-Switzerland Trade Deal Advances, Tariffs in Sight

On November 14th, a significant trade deal between the U.S. and Switzerland advanced, with positive talks and Swiss acknowledgment of their trade deficit. Swiss negotiators presented plans to reduce the imbalance, with a focus on lowering the 39% tariff rate on Swiss goods. The U.S. seeks to reduce Swiss tariffs on American products. Positive signs suggest a potential deal soon, indicating warmer relations and a positive shift in the diplomatic landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.