The U.S. and Switzerland are getting close to signing a trade deal to lower tariffs of 39% that President Donald Trump slapped on the country in August.

The president confirmed on Monday that White House officials were "working on a deal to get the tariffs a little lower."

"I haven't set any number, but we're going to be working on something to help Switzerland," he told reporters in the Oval Office.

"We hit Switzerland very hard. But we want Switzerland to remain successful," he added, saying the country had been a "very good ally."

The tariff on Swiss exports could be cut to 15%, matching the rate that was imposed on EU exports to the U.S., according to various media reports citing sources close to the talks. Bloomberg reported that a deal could be finalized within weeks.

"We are no

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