Last month, I discussed the U.S. “Reciprocal Trade and Tariffs” initiative in terms of a number of James Bond watch models. Seven days after his initial announcement, President Donald Trump reduced the number [1] for all countries except China “back down to the universal 10% rate …” [2].
This has been characterized as a “90-day pause,” prompted by a large number of requests to (re-)negotiate terms [3], including one on behalf of Switzerland.
Meanwhile, … continued