EconomyLens.com
No Result
View All Result
Thursday, May 28, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Swiss MPs seek probe into lavish Trump gifts after tariff deal

David Peterson by David Peterson
November 27, 2025
in Economy
Reading Time: 3 mins read
A A
3
56
SHARES
706
VIEWS
Share on FacebookShare on Twitter

Mamdani's plan to initially open five such stores on unused city land has drawn furious criticism from conservative politicians and commentators, including President Donald Trump. ©AFP

Zurich (AFP) – Two Swiss lawmakers have asked the country’s attorney general to probe the legality of gifts reportedly given to US President Donald Trump by Swiss business leaders days before the two nations cut a breakthrough tariff deal. A delegation went to Washington earlier this month to try to persuade Trump to lower his 39-percent duties on Swiss goods — among the highest in his global tariff blitz. A Rolex table clock and an engraved gold bar later appeared on the president’s desk.

Related

Canada PM backs ‘fortress North America’ ahead of US trade talks

Top EU economies vow to speed up financial integration

UK risks a ‘lost generation’ of jobless young people

‘Immense’ leverage: why AI chip workers are demanding more

New Zealand boosts defence spending in face of ‘adverse’ security environment

When Washington and Bern struck a deal slashing tariffs on Swiss goods to 15 percent 10 days later, criticism of what has been dubbed “gold bar diplomacy” resurfaced. “We believe that the events in question deserve judicial clarification,” said Green MPs Raphael Mahaim and Greta Gysin in a criminal complaint to the attorney general. “This concerns the credibility of our institutions, respect for the rule of law, and Switzerland’s international reputation,” they added in the letter dated November 26.

They called on prosecutors to investigate whether the gifts may have violated Swiss anti-bribery laws or constituted “undue advantage under Swiss criminal law.” The value of the gifts is unknown, and “public information regarding the final destination of the gifts given to the American president is incomplete,” they added.

Rolex CEO Jean-Frederic Dufour and head of precious metals trader MKS PAMP, Marwan Shakarchi, were among the business leaders at the meeting. Businesses hailed the deal as averting potential disaster for the export-driven Swiss economy, while others — notably Green MPs — have questioned whether such gifts give the appearance of influence-peddling.

© 2024 AFP

Tags: corruptiondiplomacytariffs
Share22Tweet14Share4Pin5Send
Previous Post

Government groceries? NY’s new leftist mayor eyes supermarket experiment

Next Post

Most equity markets build on week’s rally

David Peterson

David Peterson

Related Posts

Economy

Germany warns on trade imbalance as economy minister visits China

May 28, 2026
Economy

Frugal and more online: smarter spenders rewrite luxury’s China dream

May 27, 2026
Economy

‘My job is going’: UK workers squeezed out by AI

May 26, 2026
Economy

US strikes fuel concern over Iran deal talks

May 26, 2026
Economy

Au so chic: Paris Mint to issue first solid-gold coins in a century

May 26, 2026
Economy

Iran and Trump talk down hopes of imminent peace deal

May 25, 2026
Next Post

Most equity markets build on week's rally

Markets muted in thin trade, hit by data centre glitch

India economic growth beats forecasts but tariffs loom

Driven by TikTok trends, new beauty brands target children

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

AI giant Anthropic reaches near-trillion dollar valuation

May 28, 2026

Oil, stocks mixed as US-Iran deal awaits Trump approval

May 28, 2026

Trump’s face could appear on US $250 bill

May 28, 2026

Musk defends AI ambitions as IPO reveals trouble

May 28, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.