Trade talks between the United States and Switzerland have collapsed.
Switzerland’s President Karin Keller-Sutter and other top officials traveled to Washington on Tuesday to try to convince Trump that the measure — among the highest from the Trump administration — was too much and could cut profits for famed Swiss industries like chocolates and watchmaking.
Despite two days of intense negotiations, President Trump declined to alter the Tariff Rate against Switzerland.
Personally, I doubt they were even meeting with the actual President. Anyhow, we will be fine one way or another thanks to the revisions and restructurings we’ve made.