Trade Deal Overview - The U.S. and Switzerland are nearing a trade deal to reduce tariffs imposed by President Trump from 39% to potentially 15% [1][2] - The reduction aims to align Swiss tariffs with those imposed on EU exports to the U.S. [2] Economic Impact - The high tariffs have negatively affected Swiss exports, particularly in key sectors such as watches, jewelry, machinery, chocolate, electronics, and pharmaceuticals [4] - Shares of Swiss companies, including Swatch Group and Richemont, saw an increase following news of the potential tariff reduction [4] Government Response - Swiss officials, including Economy Minister Guy Parmelin, are in regular contact with U.S. authorities regarding the ongoing discussions [3] - The Swiss economy ministry has refrained from commenting on the negotiations, indicating a cautious approach [3]

President Trump said he “at some point” would reduce the tariff rate on Indian goods, saying the US was getting “pretty close” to a trade deal with New Delhi https://t.co/OGjZIIdk70 ...

Well, right now the tariffs are very high on India because of the Russian oil and they've stopped doing the Russian oil. It's it's been reduced very substantially. Yeah, we're going to be bringing the tariffs down.You know, we're making a deal with India, much different deal than we had in the past. So, right now they don't love me, but they'll love us again. Uh we're getting a fair deal, just a fair trade deal.We had pretty unfair trade deals. They're very good negotiators, sir. Just you have to take a loo ...

President Trump said he “at some point” would reduce the tariff rate on Indian goods, saying the US was getting “pretty close” to a trade deal with New Delhi.“Right now they don’t love me, but they’ll love us again,” he said. “We’re getting a fair deal” https://t.co/KH5utMIvpt https://t.co/L5yywAw3wn ...

JUST IN: 🇺🇸🇮🇳 President Trump says he is 'close' to finalizing a new trade deal with India. https://t.co/4drFxYn6kx ...

JUST IN: 🇺🇸🇺🇿 President Trump announces $100 billion trade deal with Uzbekistan. ...

A ratified trade deal might eventually add more substance to Europe’s ties with Latin America as a whole. The relationship needs that https://t.co/bd55a5BttB ...

A trade deal between America and China is a step in the right direction. But stable ground is still far away https://t.co/uORUbXYzjr ...

Investment Rating - The report does not provide a specific investment rating for the industry Core Insights - The report highlights the ongoing geopolitical tensions and their impact on global trade, particularly between the United States and China, emphasizing the importance of maintaining economic ties despite political disagreements [7][84] - It discusses the financial challenges faced by Ukraine and the necessity for European nations to step up their support, framing it as an opportunity to shift the balance of power against Russia [67][72] - The report notes significant job cuts across major corporations, including Amazon and UPS, as companies adapt to economic pressures and the increasing use of AI [32][33][34] Summary by Sections Politics - The meeting between Donald Trump and Xi Jinping resulted in a temporary trade agreement, with China agreeing to postpone restrictions on rare earth exports and the U.S. halving tariffs on certain goods [7][84] - Ongoing peace talks between Afghanistan and Pakistan were reported, indicating a complex geopolitical landscape in the region [11] Business - The Federal Reserve cut interest rates to a range of 3.75% to 4%, signaling a cautious approach to economic recovery [29] - Amazon announced job cuts of 14,000 as part of its AI adoption strategy, with further reductions expected [32] - Nvidia reported $500 billion in orders for AI processors, reflecting strong demand in the tech sector [39] - Lukoil plans to sell most of its international assets due to U.S. sanctions, impacting global oil markets [40] - Westinghouse secured an $80 billion agreement to build nuclear reactors in the U.S., highlighting a push for energy independence [41]

🇺🇸🇨🇳 Treasury Secretary Bessent just said that the US and China plan to sign a trade deal in the coming week.US CHINA DEAL = MARKET WILL EXPLODE ...