A Rolex clock, a gold bar… How Switzerland purchased Trump on customs duties | EUROtoday
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L’seduction operation was profitable. To decrease the customs duties imposed by President Donald Trump (and already topic to doubts about their legality), Switzerland had first opted for the basic manner: figures, curves, Excel tables… An artwork of logos to which the chief was hardly delicate. So the Swiss adopted the language of Donald Trump. And his language is cash.
As revealed, amongst others, by the American media Axios, they despatched a delegation of trade magnates to the White House on November 4, their arms loaded with presents. Among different issues, Switzerland provided a one-kilo gold bar, the worth of which is estimated at simply over $130,000. This bears the hallmarks 45 and 47, in reference to his presidential mandates.
Among the particular envoys had been the bosses of Richemont, Cartier, Van Cleef, Montblanc, but in addition that of Rolex. He subsequently provided a gold desk clock specifically designed for Donald Trump. This piece was first thought-about in titanium, a extra technical and rarer materials, earlier than choosing gold, thought-about nearer to the tastes of the pinnacle of state.
“It was hard to beat Apple”
“Trump is a businessman and likes to talk business with other businessmen,” a presidential administration official mentioned. The presents happy Donald Trump, if we’re to imagine his Truth Social messages: “I wish to congratulate everybody current for the wonderful work achieved. “It was tough to beat Apple, but the Swiss did it,” an administration official informed Axios.
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Kangaroo of the day
Answer
Tim Cook’s agency set the bar excessive when its CEO provided an engraved glass disc on a pure gold base to commemorate the corporate’s new $100 billion funding within the United States to keep away from tariffs.
Consequence: he lowered customs duties on Swiss merchandise, dropping them from 39 to fifteen%. In return, Switzerland agreed to scale back commerce boundaries imposed on the United States and Swiss firms agreed to speculate extra there. Pharmaceutical giants have promised to speculate billions of {dollars}. The President of the Confederation, Karin Keller-Sutter, whom Trump declared, after their negotiations, that she “was nice, but [qu’]“she didn’t want to listen,” you may whisper…
https://www.lepoint.fr/monde/une-horloge-rolex-un-lingot-d-or-comment-la-suisse-a-achete-trump-sur-les-droits-de-douane-19-11-2025-2603513_24.php