Switzerland plans to take further steps to underpin commitments made in a preliminary US tariff deal last year, including streamlining recognition of American standards for cars and medical devices, the government said late on Monday.
Trade Deal
The Federal Council said the measures also included facilitating recognition for US conformity assessment bodies and government procurement. This announcement further contributes to the stabilisation of bilateral economic relations between Switzerland and the United States and gives Swiss exporters greater planning certainty.
The Federal Council said it would execute the planned measures through regulatory amendments, and that it expected the United States to honour its side of the initial agreement on tariffs the two reached in November last year.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
