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Implementing Certain Tariff-Related Elements of the Framework for a United States-Switzerland-Liechtenstein Agreement on Fair, Balanced, and Reciprocal Trade

USTR noticeTrade dealFederal Register 25/12/18Open the original

Summary

Commerce and USTR implement the tariff elements of the United States-Switzerland-Liechtenstein framework: products of Switzerland or Liechtenstein pay the higher of the MFN rate or 15 percent, and tariffs on certain agricultural goods, natural resources, aircraft and parts and generic pharmaceuticals are adjusted, for goods entered from November 14, 2025.

By industry

Day by day after the announcement

Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
DayTariffs & Reshoring stocksS&P 500
25/12/170.0%0.0%
25/12/18+0.8%+0.5%
25/12/19+1.2%+1.2%
25/12/22+2.8%+1.8%
25/12/23+3.4%+2.2%
25/12/24+3.6%+2.6%
25/12/26+4.1%+2.6%
25/12/29+2.8%+2.2%
25/12/30+2.7%+2.1%
25/12/31+1.4%+1.4%
26/01/02+5.2%+1.6%
26/01/05+6.9%+2.2%
26/01/06+8.1%+2.9%
26/01/07+6.2%+2.6%
26/01/08+7.1%+2.6%
26/01/09+9.1%+3.2%
26/01/12+10.4%+3.3%
26/01/13+10.8%+3.1%
26/01/14+12.3%+2.5%
26/01/15+13.9%+2.9%
26/01/16+12.7%+2.8%

Korean stocks in these industries

  • Hyundai Steel 004020
  • POSCO Holdings 005490
  • SeAH Steel Holdings 003030

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

  • Karla R. Lewis

    SellReliance

    $1.1M

    Filed 25/12/02

  • Leon J. Topalian

    SellNucor

    $790K

    Filed 25/12/23

  • Karla R. Lewis

    SellReliance

    $577.4K

    Filed 25/12/02

  • Robert S. Wetherbee

    Sell10b5-1 planAti

    $5.2M

    Filed 25/12/19

  • Brian J. Malloy

    SellCarpenter Technology

    $3.6M

    Filed 25/12/11

  • Brian J. Malloy

    SellCarpenter Technology

    $2.9M

    Filed 25/12/11

  • Robert S. Wetherbee

    Sell10b5-1 planAti

    $2.7M

    Filed 25/11/20

  • Robert S. Wetherbee

    Sell10b5-1 planAti

    $2.4M

    Filed 25/11/20

  • Brian J. Malloy

    SellCarpenter Technology

    $2.2M

    Filed 25/12/11

  • Brian J. Malloy

    SellCarpenter Technology

    $2M

    Filed 25/12/11

  • Brian J. Malloy

    SellCarpenter Technology

    $1.9M

    Filed 25/12/11

  • Brian J. Malloy

    SellCarpenter Technology

    $1.7M

    Filed 25/12/11

  • Brian J. Malloy

    SellCarpenter Technology

    $1.7M

    Filed 25/12/11

  • Brian J. Malloy

    SellCarpenter Technology

    $1.5M

    Filed 25/12/11

  • Elizabeth A. Socci

    SellCarpenter Technology

    $1.3M

    Filed 25/12/01

  • Brian J. Malloy

    SellCarpenter Technology

    $991.5K

    Filed 25/12/11

  • Brian J. Malloy

    SellCarpenter Technology

    $983.4K

    Filed 25/12/11

  • Allen C. Behr

    SellNucor

    $939.4K

    Filed 25/12/23

  • Robert S. Wetherbee

    Sell10b5-1 planAti

    $805.9K

    Filed 25/11/20

  • Robert S. Wetherbee

    Sell10b5-1 planAti

    $708.4K

    Filed 25/12/19

Implementing Certain Tariff-Related Elements of the Framework for a United States-Switzerland-Liechtenstein Agreement on Fair, Balanced, and Reciprocal Trade | Whalegun