November 14, 2025

The U.S. and Switzerland have reached a trade deal, U.S. Trade Representative Jamieson Greer told CNBC on Friday.

Duties will be reduced to 15%, the Swiss government said in a post on X, adding that further details will be announced at 4 p.m. local time.

As part of the deal, Swiss companies have pledged to invest some $200 billion in the U.S. by the end of 2028, which includes funding for education and training, according to a statement by the Swiss government.

Read more:

https://www.cnbc.com/2025/11/14/us-and-switzerland-reach-a-trade-deal-ustr-greer-says.html