Swiss Are Still Holding Out for a US Trade Deal Before July 9

The Swiss government is still hoping to clinch a trade deal with the US before Donald Trump’s July 9 deadline, but otherwise expects tariffs to remain at the current 10% level if negotiations continue further.

Speaking to reporters in Bern, President and Finance Minister Karin Keller-Sutter declined to say what the outstanding issues are, but did reveal that US officials have “accepted” that Switzerland isn’t a currency manipulator, following the Treasury’s decision to place the country on a watchlist earlier this month.