US agrees deal to slash Swiss tariffs to 15% after golden charm offensive -l (bribe of Rolex and gold bar)

US agrees deal to slash Swiss tariffs to 15% after golden charm offensive - BBC News
https://www.bbc.com/news/articles/ce8zkrplpdyo


Switzerland and the US have agreed to cut President Donald Trump's steep 39% tariffs on Swiss imports to 15%, as part of a deal that involves a Swiss promise to invest $200bn (£150bn) in the US.

"It's a great relief for our economy," said Swiss Economics Minister Guy Parmelin, who said significant damage had been done since the additional tariffs had kicked in last August.

Parmelin said a move by Swiss business leaders to meet Trump in the White House last week had proved "decisive" in reaching a deal.

Industry chiefs visited the Oval Office, bearing gifts including a Rolex gold watch and a specially engraved gold bar from Swiss-based gold refining company MKS.

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A White House official has confirmed to the BBC the two items were given to Trump.

It is quite normal nowadays for visitors to the Oval Office to come bearing a gift.