US agrees to reduce Swiss tariff rates to 15%

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Switzerland and the US have reached a trade deal which cuts tariffs on Swiss imports from 39% to 15%. What will Switzerland do in exchange for this deal? And what will this mean for Swiss cheese? Andrew Peach speaks to sellers of Swiss cheese in America about how the tariffs have been affecting their business. (Photo by TIL BUERGY/EPA/Shutterstock Cheesemaker Diego examines a wheel of cheese in the cheese cellar at the cheese factory in Sumiswald, Emmental region, Switzerland, 08 August 2025.)