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Friday, December 5, 2025

US agrees deal to slash Swiss tariffs to 15% after golden charm offensive

Switzerland and the US have agreed to cut President Donald Trump’s steep 39% tariffs on Swiss exports to 15%, as part of a deal that involves a Swiss promise to invest $200bn (£150bn) in the US. “It’s a great relief for our economy,” said Swiss Economics Minister Guy Parmelin, who said significant …

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