US President Trump says Switzerland "rubbed me up the wrong way", reduced Swiss tariffs as he didn't want to hurt people, this does not mean they could not go up in the future. After tariffs on Switzerland, "all hell broke loose"

US President Trump says Switzerland "rubbed me up the wrong way", reduced Swiss tariffs as he didn't want to hurt people, this does not mean they could not go up in the future. After tariffs on Switzerland, "all hell broke loose"

President Trump's remarks regarding Swiss tariffs indicate a contentious trade relationship that could escalate, impacting various markets. While he seeks to avoid immediate harm, the potential for future tariff hikes adds uncertainty for investors and may influence risk sentiment across equities and currencies, particularly in how it affects USD trading dynamics against the EUR, JPY, and GBP.