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Switzerland Saves Billions From Free Trade

Importers and consumers saved 2.5 billion francs in tariffs in 2018, according to an analysis published by the State Secretariat for Economic Affairs.

Importers and consumers saved 2.5 billion francs in tariffs in 2018, according to an analysis published by the State Secretariat for Economic Affairs.

Photographer: Stefan Wermuth/Bloomberg

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Switzerland’s highly trade-dependent economy is gaining billions of dollars from free trade agreements like the one it has with the European Union, a government study found.