Trump Unveils $200 Billion Trade Deal With Switzerland And Liechtenstein To Cull $38.5 Billion US Goods Deficit By 2028 - Franklin FTSE Switzerland ETF (ARCA:FLSW), iShares Inc iShares MSCI Switzerlan

Core Points - President Trump announced a trade deal framework with Switzerland and Liechtenstein aimed at eliminating a $38.5 billion goods trade deficit by 2028 and securing at least $200 billion in U.S. investment [1] - Major Swiss companies, including Roche, Novartis, ABB, and Stadler, have committed to investments totaling at least $67 billion by 2026 [1][2] Investment Commitments - The investments will generate jobs across various sectors including pharmaceuticals, machinery, medical devices, aerospace, construction, advanced manufacturing, and energy infrastructure in all 50 states [2] Tariff Structure and Market Access - A cumulative reciprocal tariff rate capped at 15% will be implemented for Switzerland and Liechtenstein, aligning with European Union treatment [3] - Tariffs will be removed on specific goods such as nuts, fish, seafood, certain fruits, chemicals, and spirits, while tariff rate quotas will be imposed on U.S. exports of bison, beef, and poultry [3] Supply Chain and Digital Trade Provisions - The framework includes coordination on export controls, sanctions, and investment screening [4] - Digital trade principles have been agreed upon, including a commitment to refrain from imposing digital services taxes [4] - Switzerland aims to balance bilateral trade with the U.S. as negotiations are expected to conclude in early 2026 [4]