WASHINGTON — The United States is weighing its next tariff decisions affecting Switzerland as trade negotiations continue, with U.S. Trade Representative Jamieson Greer citing progress in talks while stopping short of confirming whether existing arrangements will be maintained or expanded.
Greer said on Thursday that Switzerland had taken constructive steps in negotiations, including commitments related to investment in the United States, but cautioned that discussions remained underway and no final outcome had been decided. “The Swiss are doing a lot of the things they need to do to get right with the U.S.,” Greer said in an interview with Bloomberg Television, adding that he could not guarantee the final result because negotiations were continuing.
The comments come as Washington reviews tariff policies introduced under a broader overhaul of U.S. trade measures and as Switzerland seeks to preserve preferential treatment secured under a bilateral framework reached in late 2025.
Under that framework, the United States agreed to reduce tariffs on many Swiss goods to 15% from the previously announced 39% level. In return, Swiss companies pledged to invest about $200 billion in the United States by the end of 2028, while Switzerland also agreed to expand market access for certain U.S. agricultural products and implement other trade-related commitments.
Swiss authorities have continued to pursue a legally binding trade agreement while implementing measures outlined in the November 2025 joint statement. The Swiss Federal Council said last month it had reaffirmed its commitment to those obligations and expected the United States to honor its corresponding commitments as negotiations continued.
At the same time, several U.S. trade investigations involving Switzerland remain unresolved. The Office of the U.S. Trade Representative has examined allegations related to manufacturing capacity and the enforcement of restrictions on goods produced with forced labor. Switzerland has rejected those findings and said it intends to defend its position through the U.S. review process.
According to Switzerland's State Secretariat for Economic Affairs, current U.S. tariff measures include a 10% across-the-board import tariff under Section 122 of the Trade Act, while additional sector-specific duties remain in force. Swiss officials said negotiations toward a comprehensive trade agreement with Washington are continuing, with the goal of providing greater certainty for businesses operating between the two countries.
No timetable has been announced for a final U.S. decision on whether tariff arrangements affecting Swiss imports or investment-related commitments will be modified. Negotiations between the two governments remain ongoing.
