Trump accused of caving to big business after deal to cut Swiss tariffs to 15%
by Callum Jones in New York from on (#71FNJ)
Rolex denies any negotiation' with US although luxury watchmaker entertained Trump and gave him gold clock
Donald Trump agreed to cut US tariffs on Switzerland from 39% to 15% as part of a new trade pact, lowering duties that strained economic ties and hit Swiss exporters.
The two countries have signed a non-binding memorandum of understanding", the Swiss government announced, following bilateral talks in Washington and intense lobbying by Swiss firms.
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