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US reaches trade deal with Switzerland, USTR says

Published by Global Banking & Finance Review

Posted on November 14, 2025

1 min read

· Last updated: January 21, 2026

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US reaches trade deal with Switzerland, USTR says
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WASHINGTON (Reuters) -The Trump administration has reached a trade deal with Switzerland and will provide details on the White House website later on Friday, U.S. Trade Representative Jamieson Greer

US and Switzerland Finalize Trade Agreement to Boost Manufacturing

WASHINGTON (Reuters) -The Trump administration has reached a trade deal with Switzerland and will provide details on the White House website later on Friday, U.S. Trade Representative Jamieson Greer told CNBC in an interview.

Under the agreement, Switzerland will send a lot of manufacturing to United States and bring down its U.S. trade surplus, he said, adding that the pact also targets pharmaceuticals, gold smelting and railway equipment.

(Reporting by Susan Heavey and David Lawder; Editing by Doina Chiacu)

Key Takeaways

  • US and Switzerland have finalized a trade deal.
  • The agreement aims to boost manufacturing in the US.
  • Switzerland will reduce its US trade surplus.
  • The deal targets pharmaceuticals and gold smelting.
  • Details to be provided on the White House website.

Frequently Asked Questions

What is manufacturing?
Manufacturing is the process of converting raw materials into finished goods through the use of labor, machines, tools, and chemical or biological processing.
What is a trade surplus?
A trade surplus occurs when a country's exports exceed its imports, resulting in a positive balance of trade.

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