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Swiss deal to lower US tariffs could come as early as Thursday or Friday

Published by Global Banking & Finance Review

Posted on November 11, 2025

1 min read

· Last updated: January 21, 2026

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Swiss deal to lower US tariffs could come as early as Thursday or Friday
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ZURICH (Reuters) -Switzerland could agree a deal with the United States to lower U.S. tariffs on Swiss exports to 15% as early as Thursday or Friday this week, a Swiss source told Reuters on Tuesday.

Switzerland Poised to Finalize US Tariff Reduction by Week's End

ZURICH (Reuters) -Switzerland could agree a deal with the United States to lower U.S. tariffs on Swiss exports to 15% as early as Thursday or Friday this week, a Swiss source told Reuters on Tuesday.

The source said the deal could also come early next week, but cautioned an agreement to lower tariffs from the current 39% was not set in stone until U.S. President Donald Trump had given his approval.

(Reporting by Dave Graham, Writing by John Revill;Editing by Alison Williams)

Key Takeaways

  • Switzerland aims to lower US tariffs on Swiss exports to 15%.
  • The current US tariff on Swiss exports is 39%.
  • The deal could be finalized as early as Thursday or Friday.
  • Approval from US President Donald Trump is required.
  • The agreement is not yet confirmed and could extend to next week.

Frequently Asked Questions

What is the role of the President in trade agreements?
The President of the United States plays a crucial role in negotiating and approving trade agreements, which can impact tariffs and international trade relations.

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