Reported 1 day ago
Switzerland's hope for a favorable trade agreement with the US crumbled after President Trump imposed unprecedented tariffs, doubling the EU's rate, just days before its national holiday. Despite initial optimism following discussions about preferential treatment and a draft agreement, a crucial phone call with Trump turned disastrous. Accusations of theft regarding a supposed trade deficit caught Swiss officials off guard, leading to a swift and devastating realization of their limited influence in global trade negotiations.
Source: YAHOO