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China, Switzerland sign upgraded FTA, pledging zero tariffs on over 99% of imports

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China, Switzerland sign upgraded FTA, pledging zero tariffs on over 99% of imports

China and Switzerland on Friday signed a protocol on upgrading their free trade agreement (FTA), according to the Xinhua News Agency. The move marks a significant deepening of bilateral economic ties, some observers said.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR+0.2% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • KWEB KraneShares CSI China Internet ETF-4.6% 30d

    KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story.

  • SMH VanEck Semiconductor ETF-1.9% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) in this story.

  • FXI iShares China Large-Cap ETF-4.7% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • EWL iShares MSCI Switzerland ETF

    iShares MSCI Switzerland ETF holds stocks listed in Switzerland, which this story is about (“switzerland”).

  • CAT Caterpillar-20.0% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • DE Deere-2.4% 30d

    Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
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XRTNo price data for this ticker———————
KWEBNo price data for this ticker———————
SMHNo price data for this ticker———————
FXINo price data for this ticker———————
EWLNo price data for this ticker———————
CATNo price data for this ticker———————
DENo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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China, Switzerland sign upgraded FTA, pledging zero tariffs on over 99% of imports Global Times

Source: Global Times

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“China, Switzerland sign upgraded FTA, pledging zero tariffs on over 99% of imports” scores 12 out of 100. The score uses 1 sources.