Switzerland's trade deal with the U.S. has its supporters and detractors, and the Swiss economy is likely to take a hit, deal or no deal.

Switzerland has been subject to one of the highest tariff rates levied on an individual country by the Trump administration.

The Trump administration has agreed to lower tariffs on Swiss goods imported to the United States, a statement from the Swiss government said Friday.

In exchange, Swiss officials committed to series of quotas for imports from the US on a duty-free basis

The new slab will bring tariffs on Swiss imports to the same level as for the European Union.

Der Zoll-Deal mit Trump ist ein Armutszeugnis für die Schweiz. Die Regierung hat vor der Macht des Geldes kapituliert und einer Handvoll Wirtschaftsführern das Heft des Handelns…

Switzerland's trade deal with the U.S. has its supporters and detractors, and the Swiss economy is likely to take a hit, deal or no deal.