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Swiss say agreement reached to lower US tariffs from 39% to 15%

Swiss central bank cuts rate in first among developed economies
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The Swiss government announced Friday that it had reached an agreement with Washington to more than halve the steep 39-percent tariffs imposed by President Donald Trump.

“Switzerland and the US have successfully found a solution: US tariffs will be reduced to 15 percent,” the Swiss government said on X, sending “thanks to President Trump… for the constructive engagement” and saying a meeting with US Trade Representative Jamieson Greer “was productive”.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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