The Gold Bar Diplomacy That Won Switzerland a Trade Deal With Trump

Switzerland's recent trade deal with the Trump administration underscores the effectiveness of its 'Gold Bar Diplomacy,' which involved extensive shuttle diplomacy and the engagement of influential billionaires. This method not only facilitated a favorable trade agreement but also aligns with broader trends in international trade, as seen in Malaysia's defense of its own trade deal with the U.S., which faced criticism over sovereignty concerns. Additionally, the U.S. decision to reduce tariffs on Swiss imports from 39% to 15% reflects a significant shift in trade dynamics, placing Switzerland on par with the European Union and enhancing its economic ties with the U.S.