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Deal reached with Switzerland-15% tariffs
Posted on 11/14/25 at 9:36 am
Posted on 11/14/25 at 9:36 am
quote:CNBC
The U.S. and Switzerland have reached a trade deal, U.S. Trade Representative Jamieson Greer told CNBC on Friday.
Duties will be reduced to 15%, the Swiss government said in a post on X, adding that further details will be announced at 4 p.m. local time.
“We’ve essentially reached a deal with Switzerland,” Greer told CNBC’s “Squawk Box” on Friday morning.
“They’re going to send a lot of manufacturing here to the United States — pharmaceuticals, gold smelting, railway equipment — so we’re really excited about that deal and what it means for American manufacturing.”
Greer added that more details on the deal, which he said had “really been in the works since April,” would later be published on the White House website.
2
Posted on 11/14/25 at 9:38 am to bigjoe1
The free traders will be shouting from the rooftops trying to convince themselves that keeping the original higher tariffs is really the best policy and negotiating lower ones is unfair to Switzerland and the free market
Posted on 11/14/25 at 9:42 am to Rip Torn
Switzerland just felt so bad for the “taxes” being paid by “us american citizens” that they cut a deal to save us.
Do i have that right? Cause everyone knows tariffs are just a tax on us citizens! And only congress has the right to tax us.
Do i have that right? Cause everyone knows tariffs are just a tax on us citizens! And only congress has the right to tax us.
Posted on 11/14/25 at 9:46 am to bigjoe1
quote:
“They’re going to send a lot of manufacturing here to the United States — pharmaceuticals, gold smelting, railway equipment
They dont have people so it makes sense.
Posted on 11/14/25 at 2:43 pm to Rip Torn
quote:
The free traders will be shouting from the rooftops trying to convince themselves that keeping the original higher tariffs is really the best policy and negotiating lower ones is unfair to Switzerland and the free market
Exactly.
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