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Trade ties: Switzerland secures US tariff cut to 15%; $200 bn investment push announced

6 months ago

Switzerland will invest $200 billion in the US by 2028 following a trade agreement that significantly reduces tariffs on Swiss goods. The US has agreed to lower duties on most Swiss products to 15%, a substantial decrease from the previous 39% rate. This breakthrough offers much-needed relief to Swiss exporters after months of escalating trade tensions.
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