politicsconservative
Trump's Tariff Turnaround: A Watchful Decision
SwitzerlandThursday, January 22, 2026
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World Economic Forum in Davos, Switzerland
Initial Plans and Change of Heart
- Initial Plan: High tariff rate, up to 39% on Swiss imports.
- After Meeting: Lowered to 15%, hinted at possible increase.
"I didn't want to hurt people."
Impact on U.S. Watch Sellers
- Concerns: Higher tariffs could lead to price hikes for consumers.
- Rolex: No comment on the matter.
Swiss Business Leaders and Trump
- Last Year's Meeting: Swiss business leaders met with Trump.
- Gift: Rolex gave Trump a special desk clock modeled after one of their iconic watches.
- Praise: Trump called Swiss watches "beautiful and great."
The Power of Business Meetings
- Influence on Policy: Business meetings can influence policy decisions.
- Real Effects: Tariffs can have real effects on consumers.
- Swiss Watchmaking: Valued worldwide.
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