Switzerland Aims to Finalize US Tariff Accord by the End of July

Switzerland aims to finalize a US trade deal by the end of July, with the European nation pushing for assurances it won’t face higher duties than rival countries.

Bern is open to signing a bilateral pact agreeing to a fixed tariff in return for a clause that no competing trading partner — particularly the European Union and the UK — will get a lower rate, people familiar with the matter said, requesting anonymity discussing information that isn’t public.

Swiss negotiators expect to continue negotiations — started in February — in Washington this month, the people said, though the US side ...