The United States had slapped Switzerland with 39 percent tariffs earlier this year, the highest on a developed country US lowers tariffs to 15% on Swiss goods; Switzerland to invest $200 billion

During the tariff turmoil earlier this year, Switzerland was one of the affected countries. The developed nation was hit with tariffs of 39% by President Donald Trump. It impacted several industries that were very reliant on the exports between the two countries. After shuttle diplomacy, the two have signed a trade deal, and reports are suggesting a great reduction in tariffs.

Previous tariffs

The United States had slapped Switzerland with 39 per cent tariffs earlier this year, the highest on a developed country. Now, as a result of shuttle diplomacy, the talks have led to an agreement between

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