Bern / Washington, November 15, 2025 – In a landmark economic agreement, Switzerland and the United States have announced a deal that will cut U.S. tariffs on Swiss goods from 39% to 15% while Swiss companies pledge $200 billion in investment into the U.S. economy by 2028.
Swiss Economy Minister Guy Parmelin called the agreement a “new era for Swiss-U.S. trade,” noting that at least $67 billion of the investment is expected to flow into the U.S. as early as 2026. The funds will target high-value sectors such as pharmaceuticals, aerospace, energy, advanced manufacturing, and gold production, creating thousands of U.S. jobs.
The deal also sets a ceiling for U.S. national-security tariffs on sensitive Swiss sectors, limiting them to 15% and giving Swiss exporters a competitive edge over other international markets. In return, Switzerland will reduce duties on select U.S. goods, including industrial products, seafood, and agricultural items, along with duty-free quotas on beef, bison, and poultry.
Analysts say this agreement strengthens trans-Atlantic trade, boosts investment flows, and addresses the U.S.-Switzerland trade deficit, while giving Swiss companies a platform to expand operations in the U.S.
With the tariff reduction and massive investment pledge, the deal marks a major step forward in Swiss-American economic cooperation, signaling long-term stability and growth for both nations.
