The United States has reduced tariffs on Swiss goods from a punishing 39% to 15%, bringing relief to Swiss businesses and the Geneva economy, according to Vincent Subilia, Director General of the Geneva Chamber of Commerce, Industry and Services (CCIG).<br /><br />Trump’s 2025 tariffs had stunned Switzerland, which had eliminated its own industrial tariffs the previous year. The new framework trade agreement also includes a Swiss pledge to invest $200 billion in the U.S. by 2028.<br /><br />Subilia called the move a “step in the right direction” and said it would help preserve jobs, stabilize tax revenues, and protect Swiss industries including machinery, watchmaking, jewelry, and medtech.<br /><br />#Switzerland #USTariffs #GenevaEconomy #SwissExports #TradeNews #SwissBusiness #VincentSubilia #USSwitzerlandTrade #Watchmaking #Medtech #MachineryExports #SwissEconomy #InternationalTrade #TariffCut #BusinessNews
