In the UK and Europe, 125mph (~200 km/h) is considered the top speed limit of conventional rail. Legally, operating speeds beyond that require full in-cab signalling, positive train control, upgraded safety and structural requirements, and whatever else is required for HSR. Further, all the trains operating on a section of line need to be upgraded to those standards if any of them are to run at speeds > 125mph.
The UK does have some sections of conventional line that are capable of > 125 mph running, and even have done so in the past, but this is no longer allowed.
I’m not sure if the US has similar rules, but it wouldn’t surprise me if so!
> ”A surprisingly easy way to make the train go faster would be to redesign the switching sections…”
Yes, generally speaking, fixing the low-speed bottlenecks will typically yield the biggest benefits for the cost in terms of overall journey time.