Switzerland and the US Make a Big Trade Deal

Switzerland and the US just made a big trade deal. It's a win-win for both countries. The US will lower tariffs on Swiss goods. This means Swiss products will be cheaper to sell in the US. The new tariff rate is now 15%. That's a big drop from the previous 39%. This deal is a big relief for Switzerland. The US is their top export partner. High tariffs were hurting their economy. So, this deal comes just in time. It will help Swiss companies sell more in the US. But it's not just about tariffs. Switzerland also agreed to lower tariffs on US goods. This includes fish, seafood, and some farm products. They also agreed to let more US meat into their country. This is a big deal for US farmers. Switzerland is also investing big in the US. They plan to invest around $200 billion by 2028. This is a lot of money. It shows they are serious about this deal. The US is also lifting extra tariffs on some Swiss goods. This includes things like planes, rubber products, and medicines. Switzerland is happy about this. They hope to get more exemptions in the future. This deal is good news for both countries. It will make trade easier and cheaper. It's a big step forward in their trade relationship.