ToplineThe U.S. and Switzerland have reached a trade agreement that will lower tariffs on Swiss goods to 15%, American and Swiss officials announced on Friday, after President Donald Trump’s levies disrupted trade in Switzerland’s luxury exports. Trade of Switzerland’s largest exports—luxury jewelry, coffee and chocolate—was disrupted by Trump’s tariffs.Copyright 2025 The Associated Press. All rights reservedKey FactsThe U.S. has “essentially” reached a trade agreement to lower tariffs on Swiss goods from 3 ...