Reported about 5 hours ago
Switzerland is considering building a gold refinery in the U.S. or expanding its refining capacity there to help reduce tariffs imposed by President Trump due to the U.S. trade deficit with Switzerland. This move aims to balance trade flows, as Swiss exports in pharmaceuticals and chemicals, along with gold, have contributed to the deficit. Ongoing negotiations between Swiss officials and Trump’s administration are focused on investments in U.S. goods and pharmaceuticals to address the trade gap.
Source: YAHOO