Switzerland is close to reaching an agreement to reduce customs duties on Swiss-made goods imported into the United States from 39% to 15%. The European Union reached a similar deal in July, APA reports citing Bloomberg.
According to their information, the deal could be concluded within the next two weeks. The agency's sources emphasized that nothing has been finalized and that the situation that occurred in July could recur. It is noted that at the time, senior Swiss officials believed they had negotiated more favorable terms with their American counterparts, which only needed to be approved by US President Donald Trump, which, however, did not happen.
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