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Switzerland says lower US tariffs to be applied retroactively from November 14
The tariff cut restores competitiveness for Swiss exporters by reducing the rate from 39% to 15%, with the U.S. also receiving tariff reductions and $200 billion in Swiss investments.
- The United States was the top destination for Swiss exports in 2024.
- Switzerland established duty-free quotas for beef, bison meat, and poultry imports from the U.S.
- After negotiations, the U.S. agreed to cut tariffs on Swiss imports to 15% in exchange for a $200 billion investment pledge from Swiss businesses.
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24 Articles
24 Articles
Switzerland says lower US tariffs to be applied retroactively from November 14
The lowering of U.S. tariffs on Switzerland to 15% from 39% will be effective retroactively from November 14, the Swiss government said on Wednesday, delivering relief to businesses that had been saddled with the highest U.S. duties in Europe.
·United Kingdom
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'Swiss companies will be strengthened': 15-percent US tariff to apply retroactively
US President Donald Trump shocked Switzerland in August when he announced 39-percent duties on imports of goods from the Alpine nation, among the highest in his global tariff blitz.What's happening now?
·Switzerland
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The Swiss government announced on Wednesday that new 15 percent US tariffs on the country's goods would take effect retroactively from November 14.
·Vilnius, Lithuania
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Coverage Details
Total News Sources24
Leaning Left2Leaning Right2Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
Factuality
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