U.S.-Switzerland Trade Deal Includes $200 Billion Investment and Tariff Reductions

The United States and Switzerland have finalized a trade agreement that reduces U.S. tariffs on Swiss imports from 39% to 15%, marking a significant de-escalation from the TRUMP administration's earlier stance. U.S. Trade Representative Jamieson Greer confirmed the deal, with details to be published on the White House website.

As part of the agreement, Switzerland has pledged to invest $200 billion in the U.S. by the end of President Trump's term in 2029. An initial $70 billion will be allocated next year, targeting industries where Switzerland holds a trade surplus—notably pharmaceuticals and Gold smelting. The U.S. goods trade deficit with Switzerland surged 56.1% year-over-year to $38.3 billion in 2023.

The deal follows high-level discussions between Trump and Swiss business leaders, including Rolex CEO Jean-Frederic Dufour and Richemont Chairman Johann Rupert. No direct cryptocurrency or exchange implications were identified in the announcement.