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Around a fifth of Swiss exports of goods currently go to the United States, customs data shows, making the country a more important market for Switzerland than Germany, China or France.
Regulates Swiss customs (incl. movement of goods and people) 63 Finance -Customs Zollgesetz, ZG Loi sur les douanes, LD Legge sulle dogane, LD SR 632.10 – Customs Tariff Act, CTA 1986 1988 Regulates Customs Tariffs: 63 Finance -Customs Zolltarifgesetz, ZTG Loi sur le tarif des douanes, LTaD Legge sulla tariffa delle dogane, LTD
However, there may also be import barriers that are not based on the levy of duties. The following table shows the tariff rate, in percentages, according to United Nations Conference on Trade and Development (UNCTAD), [1] World Trade Organization, [2] and World Bank. [3]
Countries exchanged some 8,700 tariff concessions, cutting the 1948 tariff levels by 25% Geneva II: January 1956: 5 months: 22: Tariffs, admission of Japan: $2.5 billion in tariff reductions Dillon: September 1960: 11 months: 45: Tariffs: Tariff concessions worth $4.9 billion of world trade Kennedy: May 1964: 37 months: 48: Tariffs, anti-dumping
The Confederation can levy customs duties and other duties on the cross-border movement of goods entering the Swiss Customs Area. The rates are almost exclusively based on weight (e.g. CHF X per 100 kg gross). The revenue from customs duties goes into the federal coffers and amounted to approximately CHF 1.13 billion in 2016. [42]
Customs Rulings Online Search System (CROSS), by U.S. Customs and Border Protection; Binding Tariff Information (BTI), by the European Commission; Informed compliance publications, by U.S. Customs and Border Protection; Classification Guides, by HM Revenue & Customs; Harmonized Tariff Schedule as the principal US page with updated info about ...
The European Union Customs Union (EUCU), formally known as the Community Customs Union, is a customs union which consists of all the member states of the European Union (EU), Monaco, and the British Overseas Territory of Akrotiri and Dhekelia. Some detached territories of EU states do not participate in the customs union, usually as a result of ...
With their membership, Switzerland is able to calm any trade disputes with other countries through WTO. [9] Switzerland uses the Harmonized System to guide their trade policies, which was first implemented in 1988. Every product that is intended to be imported or exported requires an eight-digit tariff heading, given by the Harmonized System. [10]