Key insights and market outlook
US President Donald Trump has reduced reciprocal tariffs on Switzerland from 39% to 15%, part of a broader trade agreement that includes Swiss companies investing approximately $200 billion in the US by 2028. The agreement covers various sectors including education, healthcare, and transportation. US Trade Representative Jamieson Greer stated that this deal will bring significant manufacturing investments to the US, including pharmaceuticals and railway equipment.
The Trump administration has reached a trade agreement with Switzerland, reducing reciprocal tariffs from 39% to 15%. This move is expected to attract substantial investments from Swiss companies, totaling approximately $200 billion by 2028. The investment will span multiple sectors including education, healthcare, transportation, and manufacturing.
The agreement is anticipated to bring significant investments in various industries:
US Trade Representative Jamieson Greer emphasized that this deal will create substantial economic opportunities for the US, stating, "They will be shipping a lot of manufacturing to the United States - pharmaceuticals, gold smelting, railway equipment."
This tariff reduction aligns Switzerland's tariff treatment with that of the European Union, maintaining the US commitment to addressing trade deficits through tariff policies. The administration continues to prioritize trade agreements that benefit American economic interests while maintaining competitive tariff structures.
US-Swiss Trade Agreement
Tariff Reduction to 15%
$200 Billion Investment Commitment