White House hails ‘historic’ tariff deal with Switzerland

The White House has praised the framework for a 'historic trade deal' negotiated with Switzerland. The agreement announced on Friday promises a lower US import tariff rate of 15% for Switzerland - down from 39% - in return for $200 billion in investments by Swiss companies in the US. +Get the most important news from Switzerland in your inbox The agreement will will provide US exporters unprecedented access to Swiss and Liechtenstein markets and drive billions of dollars in investment on US soil, creating "thousands of jobs across America", the White House said in a statement. It details a long list of benefits for the US. Jobs will be created across all 50 states in a number of sectors, such as pharmaceuticals, machinery, medical devices, aerospace, construction, advanced manufacturing, gold manufacturing, and energy infrastructure, the White House said. "This trade deal will lock in the largest expansion ever of US exporter access to Swiss markets, creating new opportunities for ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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