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Switzerland next in line for US trade deal

Tuesday, 13 May 2025 06:30

It seems the meeting between US and Chinese trade offcials in Geneva has paid off for Switzerland.

The two biggest economies in the world seemed to have found an agreement on tariffs which should boost trade.

But the use of Switzerland as a host country has also gone down well in Washington. 

The US Treasury Secretary, Scott Bessent, is suggesting this country will be next in line for a deal after China and the UK.

Switzerland is a big investor in the US – which Bessent acknowledges is incredible for a country of only 9 million people. He says he expects between CHF 100 and 150 bn in new Swiss investment in the US. 

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