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U.S. and Switzerland reach a trade deal, USTR Greer says

U.S. Trade Representative Jamieson Greer is interviewed by a TV station at the White House on October 30, 2025 in Washington, DC, USA.

Kylie Cooper | Reuters

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

Swiss government will reduce taxes to 15 percent in question In a post on X, he added that more details will be announced at 16:00 local time.

In July, President Donald Trump announced that Switzerland would face a 39% tariff rate; This came into effect after the Swiss delegation failed to reach an agreement with US officials during last-minute talks in Washington.

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