Switzerland, China to Accelerate Trade Talks as US Tariffs Bite

The Swiss are seeking closer collaboration on trade with China as Switzerland’s talks with the US administration continue in an attempt to lower tariff rates from a record level.

Swiss Foreign Minister Ignazio Cassis and Chinese counterpart Wang Yi agreed that the two nations will accelerate negotiations on upgrading their free-trade agreement, according to a joint statement issued on Friday.

The new treaty should expand cooperation in areas such as AI, green development, the digital economy, finance, and trade in services, negotiators agreed during the fourth meeting of an ongoing strategic dialogue, held Friday in the southern Switzerland town of ...