Politics8/1/2025Bloomberg

Swiss Push for Tariff Deal Hits Roadblock in Heated Trump Call

In a heated phone call, Switzerland's attempt to negotiate a tariff deal with the United States hit a roadblock. The call revealed that a trade deal is not finalized unless it receives the personal approval of President Donald Trump. Switzerland had been in the final stages of negotiating a tariff agreement with the U.S. government. However, the last-minute phone call with Trump exposed the fragility of the situation. The president made it clear that any deal would require his direct involvement and endorsement, regardless of the progress made by negotiators. The incident highlights the unpredictable and unilateral nature of Trump's approach to trade negotiations. It underscores the challenges faced by nations seeking to establish stable economic relationships with the U.S. under the current administration. The outcome of the call serves as a warning that even advanced trade talks can be upended by the president's personal intervention and demands.

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