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Swiss Government: US Tariffs Will be Reduced to 15%

The government thanked President Donald Trump for a constructive engagement in a post on X.
Levi’s has issued a warning that “rising anti-Americanism as a consequence of the Trump tariffs and governmental policies” could affect its sales in Britain.
Further details of the trade agreement will be announced later on Friday, the Swiss government stated. (Getty Images)
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The Swiss government said on Friday that US tariffs on its exports will be reduced to 15 percent from 39 percent and thanked President Donald Trump for a constructive engagement.

“Switzerland and the U.S. have successfully found a solution: U.S. tariffs will be reduced to 15%,” the Swiss government said in a post on X.

The government thanked Trump, adding Economy Minister Guy Parmelin’s meeting with US Trade Representative Jamieson Greer on Thursday had been productive.

It would give further details later on Friday, the government added.

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By John Revill and Miranda Murray; Editors: Matthias Williams and Thomas Seythal

Learn more:

Switzerland Moves Close to Securing Improved 15% US Tariff Deal

A 15 percent tariff on Swiss exports to the US would be a significant improvement from the previous 39 percent levy.

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