Swiss President Karin Keller-Sutter has said that both the U.S. and Switzerland have agreed to accelerate trade talks. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with Keller-Sutter and Economy Minister Guy Parmelin in a second meeting.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
In 2024, the U.S. exported $25 billion of goods to Switzerland and imported $63.4 billion of goods, resulting in a $38.5 billion trade deficit.
The IShares MSCI Switzerland ETF (EWL) is trading higher on the news.
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue