Trade Negotiations & Objectives - The purpose of the Swiss delegation's visit to Washington is unclear beyond a meeting with Marco Rubio, who is not involved in trade negotiations [1] - A meeting with Donald Trump is crucial for the trip to be worthwhile, as a previous deal was contingent on such a meeting [2] - The US's concerns include Switzerland's central bank (SNB) having a zero interest rate and its intervention in the currency market [3] Trade Imbalance & Potential Concessions - The US-Switzerland trade surplus is inflated due to massive gold exports from Switzerland to the US in anticipation of tariffs [4] - The numbers Donald Trump is using are tainted and do not reflect the actual common situation [5] - A deal is more likely to involve investment or arms purchases rather than changes to the trade balance [5] - Potential concessions include the Swiss fostering a F-35 fighter jet purchase and energy purchases, specifically LNG [5][6]

Agriculture & Trade Policy - The new trade framework with Vietnam is expected to significantly benefit US agriculture producers [1][10] - The UK-US trade deal has reduced tariffs to basically zero for beef and corn producers, boosting exports [9] - The previous administration saw a shift from a trade surplus to a $50 billion deficit in agriculture products, highlighting the importance of realigning the world economy to prioritize American agriculture [10] Farm Bill & Support for Farmers - The Farm Bureau supports the bill, which includes crop insurance and expensing of farm equipment [1] - The bill includes approximately a $10 billion tax cut for farmers and ranchers [3] - The bill aims to preserve about 2 million family farms from being subject to the death tax [3] - Reference prices are being updated for the first time in over a decade, which is a significant step for farmers and ranchers [4] SNAP & Medicaid Program Adjustments - USDA spends almost $300 million daily on the SNAP food stamp program [2] - The bill aims to reduce fraud and abuse in the SNAP program, aligning it with those who genuinely need it [3] - The Medicaid program is considered broken, with states facing bankruptcy under its weight, necessitating reform [5][6][7]

Lay out the visit for us then, Oli. The consequences, the importance of saying Wang Yi, the foreign Minister of China, on the ground in Europe. Yeah.So he's going to go to Brussels. He's going to go to Germany. He's going to go to France. He's going to meet with the foreign ministers of all of those countries, including the High representative.Kaja Kallas in Brussels, of course, and this is the first sort of high level meeting that you've had between the EU and China since the beginning of this new commissi ...