In a significant development, the United States and Switzerland have reached a historic trade deal, slashing tariffs on Swiss goods from a crippling 39% to a more manageable 15%. This agreement, which includes a pledge of $200 billion in U.S. investments from Switzerland, aims to alleviate pressures on Swiss industries, notably watchmakers and luxury goods. The deal follows extensive diplomatic efforts and discussions, including a gold charm offensive which reportedly swayed U.S. negotiations. Critics of the Trump administration allege that the president caved to pressures from big business, highlighting both the economic stakes and the political nuances of the agreement. The deal is expected to bring substantial relief to Swiss firms, prompting stock rallies and renewed interest in U.S. investment opportunities among Swiss businesses.