Switzerlandis set to receive a major tariff reduction of 15% on select exports to theUnited States, according to Swiss Economy Minister Guy Parmelin.
The dealfollows a US pledge to reassess duties on Swiss goods, which faced some of thehighest tariff levels imposed on any European exporter.
Thesetariffs were introduced by President Donald Trump as part of what he described,in previous statements, as a strategy to pressure trading partners intobilateral concessions and increased US-bound investment.
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