U.S. – Switzerland & Liechtenstein Trade Deal
News Alert
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> 04/03/2026 > Sec 232 Tariffs for Steel, Aluminum, & Copper Adjusted Starting April 6
> 04/02/26 > March 31 IEEPA Refund Update: CBP Issues Progress Report to CIT
> 03/26/2026 > AD/CVD Investigation: Truck Bed Covers from China
> 03/26/2026 > New ACE Report: REV-613 ACH Rejected Refunds
> 03/26/2026 > Update: Base Metals CEE Updated Guidance on Content Reporting
U.S. – Switzerland & Liechtenstein Trade Deal
Posted on Dec 18
By: Brian Walczyk, Compliance Manager, TradeInsights, LCB, CCS
The U.S. Office of Trade issued a notice to the Federal Register today, 90 FR 59281, detailing the U.S. – Switzerland & Liechtenstein trade agreement. Subsequently, U.S. CBP issued a CSMS message, # 67133044, instructing the trade community on how to implement the details within the FRN.
**Summary:**
- Retroactive to Nov 14 and forward
- If MFN is greater than or equal to 15%, MFN rate applies – no IEEPA Reciprocal.
- If MFN is less than 15%, IEEPA Reciprocal of 15% applies – MFN is “zeroed.”
- Civil aircraft and parts, generic pharmaceuticals, and other goods will be exempt from IEEPA – enumerated in Annex I & II of the Notice.
We will continue to monitor the situation and issue updates as warranted. Please contact your V. Alexander account team, or you may also contact our Trade Compliance team at tradeinsights@valexander.com with any questions, and you can always follow us on our website www.valexander.com for updates on this and other topics.