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New tariffs could enter into force in 10-12 days, says Swiss economics minister

Swiss Economics Minister Guy Parmelin says the date of entry into force of new customs tariffs with the US is unclear - but could possibly begin in 10-12 days. +Get the most important news from Switzerland in your inbox "It takes a bit of time," Parmelin told Swiss public radio, SRF, on Friday. The US has cut import tariffs on goods from Switzerland from 39% to 15%, the Swiss government and the White House announced on Friday. At the same time as the reduction in US tariffs, Switzerland will reduce import duties on a range of US products as part of the agreement. In addition to all industrial products and fish and seafood, these will include "non-sensitive agricultural products". According to the Federal Council's statement on Friday, Swiss companies are planning to carry out direct investments in the US worth $200 billion by the end of 2028. A press release from the White House said these investments will extend across all 50 states, over the next five years, to create ... Full story here Are you the author?
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