Swiss president blamed for ‘disastrous’ deal with Trump – FT

By RT International

 

Swiss President Karin Keller-Sutter is facing backlash after trade talks with Washington collapsed following a “disastrous” phone call with US President Donald Trump, the Financial Times has reported, citing sources familiar with the matter.

Trump announced a 39% levy – one of the highest globally – on Swiss goods on Friday, coinciding with Switzerland’s national day.

According to an FT report published on Sunday, Swiss negotiators believed they had secured a provisional deal for a 10% tariff, similar to the UK’s arrangement. In exchange, Bern pledged nearly $150 billion in US-bound investment and remained in regular contact with US Trade Representative Jamieson Greer. The offer was approved in early July, with Swiss officials convinced it only awaited Trump’s signature…

READ FULL ARTICLE HERE… (rt.com)

 

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