Swiss government: US tariffs will be reduced to 15%

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November 14, 2025 9:22 AM EST

A 3D-printed miniature model of U.S. President Donald Trump, the Switzerland flag and the word "Tariffs" are seen in this illustration taken July 23, 2025. REUTERS/Dado Ruvic/Illustration

Zurich (Reuters) -The Swiss government said on Friday that U.S. tariffs on its exports will be reduced to 15% from 39% and thanked President Donald Trump for a constructive engagement.

"Switzerland and the U.S. have successfully found a solution: U.S. tariffs will be reduced to 15%," the Swiss government said in a post on X.

The government thanked Trump, adding Economy Minister Guy Parmelin's meeting with U.S. Trade Representative Jamieson Greer on Thursday had been productive.

It would give further details later on Friday, the government added.

(Reporting by John Revill in Zurich and Miranda Murray in Berlin; editing by Matthias Williams and Thomas Seythal)


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