Switzerland and U.S. Aim for Swift Trade Deal Amid Global Tariff Shift

Switzerland and the United States are moving swiftly in their trade discussions, with both nations keen to finalize an agreement promptly, Swiss President Karin Keller-Sutter announced on Friday. Although timelines remain unspecified, the urgency reflects growing global trade tensions sparked by U.S. tariff policies.

After engaging in constructive dialogue, Keller-Sutter stated Switzerland ranks highly among countries prioritizing expedited agreements. The Swiss leader highlighted the acceleration commitment following a meeting with U.S. Treasury Secretary Scott Bessent and top trade negotiator Jamieson Greer in Geneva.

Facing a substantial 31% tariff rate compared to lower rates for other entities, Switzerland's trade relationship with the U.S. is vital, marking the U.S. as its largest export partner. U.S. eagerness to accelerate talks with Switzerland has been noted, although no guarantees can yet be made about Switzerland's precedence in negotiations.

(With inputs from agencies.)