ReferIndia News Trump's Tariff Turnaround: US-Swiss Trade Relations Shift

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Trump's Tariff Turnaround: US-Swiss Trade Relations Shift

Published on: Jan. 21, 2026, 10:42 p.m. | Source: Devdiscourse

U.S. President Donald Trump announced a reduction of tariffs on Swiss imports from 39% to 15% following Swiss business pressures. Despite the reduction, Trump hinted future increases were possible. A preliminary agreement includes Swiss investments of $200 billion in the U.S., with finalization expected by 2026.

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