US Tariffs: Federal Council Reaffirms Commitment to Switzerland–US Joint Statement

Switzerland’s Federal Council published a declaration on 29 June 2026 outlining implementation of further elements of the November 2025 Switzerland-US joint statement aimed at stabilising bilateral trade relations. Switzerland expects reciprocal US commitments in return, while pursuing a comprehensive trade agreement as the long-term goal. The move is tied to managing US tariff pressures on Swiss exports.