The meeting will be held this afternoon as key figures in Switzerland now need to think about what to do next after the trade delegation returns home empty-handed. Well, it was to be expected as there was not even a meeting arrange with Trump. And if there was a deal to be struck, you’d know he would want to be present to show his face.
In any case, Switzerland are now facing up against 39% tariffs as Trump’s reciprocal tariffs go into effect. But the good news is that at least for now, that excludes pharmaceuticals (and also gold).
This article was written by Justin Low at investinglive.com.