Switzerland seeks trade assurances from US

Switzerland has yet to sign a binding economic agreement with the United States, despite ongoing efforts to lock in the lower 15% tariff floor agreed in November.

The Swiss president Guy Parmelin, who’s currently in Washington,  said he had handed US trade representative Jamieson Greer a one-page document detailing the Swiss commitments. 

Berne is offering, unilaterally and rarely so, to scrap tariffs on a series of American products and to align Swiss law with US standards on medical devices, public procurement and cars. 

Swiss exporters are still waiting to see whether the lower tariff zone holds, with no firm deadline announced for a final accord.

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