Switzerland’s commerce with the US is significant and any tariffs would meaningfully impact its economy, according to Swiss National Bank President Martin Schlegel.

President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.

President Trump addressed the World Economic Forum in Davos, Switzerland. “My message to every business in the world is very simple: Come make your product in America and we will give you among the lowest taxes of any nation on Earth,

By Echo Wang, Lananh Nguyen and Marwa Rashad DAVOS, Switzerland (Reuters) - U.S. President Donald Trump told business leaders at the World Economic Forum in Davos, Switzerland, that he wants to lower global oil prices,