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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