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Wyden demands transparency on Trump’s Swiss tariffs and gifts

Sen. Wyden questions if Trump’s acceptance of a $130,000+ gold bar and Rolex clock influenced the tariff cut on Swiss goods from 39% to 15%.

  • On Jan. 28, Senator Ron Wyden asked Jamieson Greer for details on President Donald Trump's acceptance of a Rolex table clock and one-kilogram gold bar, seeking answers by February 11, 2026.
  • After Swiss businessmen met President Donald Trump in November, the 39 percent Swiss tariffs were cut to 15 percent less than two weeks later.
  • Observing the presentation, MKS-Pamp stated the gifts were donations cleared by White House counsel; a Rolex clock and gold bar were displayed on the Resolute Desk shortly after the November meeting.
  • The foreign and domestic emoluments clauses are cited as relevant to Wyden’s concerns about gifts from Swiss officials, which Swiss lawmakers asked prosecutors to examine for possible bribery.
  • With a Supreme Court decision pending and a court recess underway, the levies remain in place, costing U.S. importers more than $170,000 monthly, while the tariffs contribute to Swiss economy contraction.
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SWI swissinfo.ch broke the news in Bern, Switzerland on Thursday, January 29, 2026.
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