Trump open to talks on U.S.-Swiss free trade deal: Swiss president

Reuters | May 17, 2019

U.S. President Donald Trump is keen to advance talks with Switzerland on a free trade deal, Swiss President Ueli Maurer told reporters in Washington after the first visit by a Swiss president to the Oval Office. Maurer described the meeting with Trump as constructive and said the U.S. president was “positive” about work on a free trade deal, but wanted to get it done “more quickly than with the EU (European Union).” Specific details were not discussed, he said. “He thinks we should accelerate the issue,” Maurer told reporters after the meeting. The United States and the European Union are working to launch trade negotiations but the process has taken longer than expected. Switzerland, the seventh largest foreign investor in the United States with $309 billion, is keen to expand economic ties with the United States, said Maurer, who is also finance minister.

Spotlight

The U.S. government is the largest company in the world. The federal government signs over 11 million contracts a year. Companies are winning and are awarded new contracts daily. There are 4 basic contract types: fixed price, time and materials, cost plus, and indefinite quantity/indefinite delivery (IDIQ).

Spotlight

The U.S. government is the largest company in the world. The federal government signs over 11 million contracts a year. Companies are winning and are awarded new contracts daily. There are 4 basic contract types: fixed price, time and materials, cost plus, and indefinite quantity/indefinite delivery (IDIQ).

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