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US tariff reduction will save Swiss firms: business federation

GenevaTimes by GenevaTimes
December 11, 2025
in Switzerland
Reading Time: 8 mins read
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US tariff reduction will save Swiss firms: business federation
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Economiesuisse: Tariff reduction saves "numerous jobs"

Economiesuisse: Tariff reduction saves “numerous jobs”


Keystone-SDA





Generated with artificial intelligence.

The Swiss Business Federation economiesuisse is relieved about the reduction in United States tariffs for Switzerland.


This content was published on


December 11, 2025 – 09:27

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This is a real relief for the Swiss economy, the association wrote in a statement on Wednesday.

“Thanks to the US tariff agreement and the reduction of tariffs to 15%, numerous jobs can be saved in Switzerland,” it continues.

For various Swiss companies, the tariffs of 39% would have made international business relations much more difficult. For certain companies, they were even “threatening their existence”.

Swiss companies now have the same level playing field as their competitors from the EU/EFTA states or Japan. “It is crucial for the economy that negotiations with the US can now be resumed quickly,” economiesuisse added.

More

US tariffs on imported goods from Switzerland fall to 15 per cent

More


Global trade

Switzerland gains retroactive US tariff cuts




This content was published on


Dec 11, 2025



US tariffs on Swiss goods will fall from 39% to 15% with retroactive effect from November 14.



Read more: Switzerland gains retroactive US tariff cuts


Translated from German by DeepL/mga

We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.  

Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.

If you have any questions about how we work, write to us at english@swissinfo.ch

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