A senior U.S. official says trade negotiations with Switzerland took a significant step forward on Thursday, describing the latest round of talks as “very positive” and signalling that Washington is edging closer to a limited tariff-relief agreement.
According to the official, the proposal now on the table would reduce tariffs on Swiss imports if approved by President Trump. The official added that the U.S. expects the deal to deliver a “meaningful reduction” not only in tariffs but also in certain non-tariff barriers affecting bilateral trade.
No final timeline was offered, but the upbeat tone suggests the two sides are moving toward a decisive phase after months of intermittent engagement. Any agreement would represent a rare easing of trade restrictions at a time when the administration has been otherwise tightening tariff policy across a wide range of sectors.