{"id":2993,"date":"2025-11-15T02:01:00","date_gmt":"2025-11-15T02:01:00","guid":{"rendered":"https:\/\/firearmupgrades.com\/?p=2993"},"modified":"2025-11-15T02:01:00","modified_gmt":"2025-11-15T02:01:00","slug":"trump-announces-trade-deals-with-switzerland-lichtenstein-latin-american-countries","status":"publish","type":"post","link":"https:\/\/firearmupgrades.com\/?p=2993","title":{"rendered":"Trump Announces Trade Deals With Switzerland, Lichtenstein, Latin American Countries"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div>\n<p>Welcome back to World Brief, where we\u2019re looking at the <strong>White House<\/strong>\u2019s latest trade deals, <strong>China<\/strong>\u2019s anger over <strong>U.S.<\/strong> and <strong>Japanese<\/strong> support for <strong>Taiwan<\/strong>, and a massive <strong>Russian<\/strong> assault on <strong>Kyiv<\/strong>.<\/p>\n<hr\/>\n<h3><strong>Lowering Tariffs<\/strong><\/h3>\n<p>U.S. President Donald Trump this week secured <a href=\"https:\/\/foreignpolicy.com\/2025\/10\/27\/tariffs-trump-trade-deals-talks-us-china-canada-mexico-economy\/\">five new trade deal frameworks<\/a> to reduce U.S. costs of living, foster greater foreign investment, and address Washington\u2019s trade deficits with other nations. Whether these deals will be enough to reduce high U.S. grocery prices and counter Chinese competition on critical minerals, though, is still to be seen.<\/p>\n<\/p><\/div>\n<div data-nosnippet=\"\">\n<p>Welcome back to World Brief, where we\u2019re looking at the <strong>White House<\/strong>\u2019s latest trade deals, <strong>China<\/strong>\u2019s anger over <strong>U.S.<\/strong> and <strong>Japanese<\/strong> support for <strong>Taiwan<\/strong>, and a massive <strong>Russian<\/strong> assault on <strong>Kyiv<\/strong>.<\/p>\n<div class=\"newsletter-unit-signup--shortcode-fallback\">\n<h2 class=\"dek-heading\">\n                <\/h2>\n<p><a href=\"https:\/\/foreignpolicy.com\/category\/world-brief\/\">Sign up<\/a>  to receive World Brief in your inbox every weekday.<\/p>\n<\/p><\/div>\n<form data-shortcode-newsletter=\"world_brief\" class=\"newsletter-unit-signup newsletter-unit-signup--shortcode email-capture--step-1 newsletter-unit-signup--shortcode-world_brief\">\n<div class=\"newsletter-world_brief newsletter-shortcode-world_brief\">\n<div class=\"show-on-email-capture--signed-up hide-from-newsletter-subscriber newsletter-unit-signup--shortcode--container\">\n<div class=\"newsletter-unit newsletter-row\">\n<div class=\"newsletter-world_brief\">\n<h2 class=\"dek-heading\">Sign up to receive World Brief in your inbox every weekday.<\/h2>\n<p>\n                        <button class=\"button\">Sign Up<\/button>\n                    <\/p>\n<div class=\"grid--flex newsletter-world_brief newsletter-signup-container\" role=\"group\" aria-label=\"World Brief sign up form\" tabindex=\"0\">\n<div class=\"buttons\">\n<div class=\"hide-from-newsletter-subscriber privacy-policy-container\">\n<div class=\"privacy-policy-acknowledge\">\n<p><small>By submitting your email, you agree to the <a href=\"https:\/\/foreignpolicy.com\/privacy\/\" target=\"_blank\">Privacy Policy<\/a> and <a href=\"https:\/\/foreignpolicy.com\/termsofuse\/\" target=\"_blank\">Terms of Use<\/a> and to receive email correspondence from us. You may opt out at any time.<\/small><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>\n    <label for=\"email-world_brief\">Enter your email<\/label><br \/>\n    <input type=\"email\" name=\"email\" class=\"hide-from-reg hide-from-sub\" id=\"email-world_brief\" aria-required=\"true\" required=\"\"\/><\/p>\n<p>    <button class=\"button button--signup \" data-newsletter-id=\"world_brief\" data-sourceid=\"In-article unit\" type=\"submit\"><br \/>\n      <span class=\"sign-up-text\">Sign Up<\/span><br \/>\n      <span class=\"loading-text\">Loading&#8230;<\/span><br \/>\n    <\/button>\n  <\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/form>\n<hr\/>\n<h3><strong>Lowering Tariffs<\/strong><\/h3>\n<p>U.S. President Donald Trump this week secured <a href=\"https:\/\/foreignpolicy.com\/2025\/10\/27\/tariffs-trump-trade-deals-talks-us-china-canada-mexico-economy\/\">five new trade deal frameworks<\/a> to reduce U.S. costs of living, foster greater foreign investment, and address Washington\u2019s trade deficits with other nations. Whether these deals will be enough to reduce high U.S. grocery prices and counter Chinese competition on critical minerals, though, is still to be seen.<\/p>\n<p>On Friday, the United States reached a <a href=\"https:\/\/www.whitehouse.gov\/fact-sheets\/2025\/11\/fact-sheet-the-united-states-switzerland-and-liechtenstein-reach-a-historic-trade-deal\/\">dual trade deal<\/a> with Switzerland and Liechtenstein that will lower tariffs from 39 and 37 percent, respectively, to 15 percent. The new rate, set to take effect within the next few weeks, is expected to offer <a href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/details-swiss-us-trade-deal-could-emerge-friday-2025-11-14\/\">much-needed relief<\/a> to Bern, which received one of the highest U.S. duties in the world; Switzerland\u2019s initial 39 percent levy was more than double the rate that Washington imposed on the European Union.<\/p>\n<p>Trump justified his particularly high tariffs on Switzerland by pointing to the nation\u2019s nearly <a href=\"https:\/\/www.factcheck.org\/2025\/08\/trump-exaggerates-trade-deficit-with-switzerland-by-ignoring-surplus-in-services\/\">$40 billion<\/a> goods trade surplus with the United States in 2024. To address this, Bern <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-14\/us-switzerland-essentially-reached-trade-deal-greer-says\">committed<\/a> on Friday to invest $200 billion during Trump\u2019s second term in key U.S. industries such as pharmaceuticals and gold smelting. Of that, $70 billion is set to be invested next year. Switzerland also vowed to <a href=\"https:\/\/www.news.admin.ch\/en\/newnsb\/EUhpFWGrZhLKPQaSusIrb\">reduce import duties<\/a> on U.S. industrial products, seafood, and agricultural goods \u201cthat Switzerland considers non-sensitive,\u201d and it pledged to buy more Boeing commercial aircrafts.<\/p>\n<p>That deal came one day after Washington struck <a href=\"https:\/\/www.whitehouse.gov\/fact-sheets\/2025\/11\/fact-sheet-president-donald-j-trump-announces-historic-trade-deals-with-western-hemisphere-trading-partners\/\">similar frameworks<\/a> with four Latin American nations: Argentina, Ecuador, Guatemala, and El Salvador. These deals will keep overall U.S. tariffs of 10 percent on Argentina, Guatemala, and El Salvador and 15 percent on Ecuador, but they will remove U.S. duties on some select goods.<\/p>\n<p>\u201cYou will see, for Ecuador for example, bananas is something they want to ship to us, so we expect tariffs will come off bananas,\u201d a senior Trump administration official told the <em>Financial Times<\/em>, adding that levies could <a href=\"https:\/\/www.ft.com\/content\/b85018ad-4fc1-43b6-81a0-60f81756dbd2\">also be reduced<\/a> on Latin American-exported coffee. Tariffs on textile and apparel products from Guatemala and El Salvador will also be lowered.<\/p>\n<p>U.S. imports of Argentine beef, which originally faced a 10 percent tariff, are expected to now be exempted, though the United States likely won\u2019t change its quota to expand the amount of Argentine beef entering the country. The beef exception highlights Trump\u2019s friendly relationship with far-right Argentine President Javier Milei, whose country Trump gave a <a href=\"https:\/\/www.britannica.com\/topic\/Why-Is-the-US-Bailing-Out-Argentina\">$40 billion bailout<\/a> to despite <a href=\"https:\/\/foreignpolicy.com\/2025\/10\/22\/trump-argentina-bailout-maga-backlash-america-first\/\">anger from his fellow Republicans<\/a>.<\/p>\n<p>As part of the U.S. deals, all four Latin American countries also <a href=\"https:\/\/www.politico.com\/news\/2025\/11\/13\/white-house-agrees-to-lower-some-tariffs-on-south-american-countries-00651456\">promised<\/a> to refrain from imposing digital service taxes, which seek to regulate tech competition in a manner similar to the <a href=\"https:\/\/foreignpolicy.com\/2023\/10\/23\/metaverse-europe-uk-us-big-tech-regulation-innovation\/\">EU\u2019s Digital Markets Act<\/a>. They also committed to addressing intellectual property disputes and raising food, health, and safety standards. According to one administration official, the frameworks also included provisions related to critical minerals, which Trump is hoping to secure <a href=\"https:\/\/foreignpolicy.com\/2025\/10\/28\/trump-critical-minerals-deals-rare-earths-list-japan-china\/\">U.S. dominance<\/a> over in an effort to curb <a href=\"https:\/\/foreignpolicy.com\/2023\/02\/27\/china-latin-america-lithium-clean-energy-trade-investment\/\">China\u2019s influence in the region<\/a>.<\/p>\n<hr\/>\n<h3><strong>Today\u2019s Most Read<\/strong><\/h3>\n<hr\/>\n<h3><strong>What We\u2019re Following<\/strong><\/h3>\n<p><strong>Support for Taiwan. <\/strong>The U.S. Defense Department <a href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/us-state-dept-approves-possible-sale-taiwan-fighter-jet-spare-repair-parts-2025-11-14\/?utm_source=semafor\">approved<\/a> a $330 million sale of parts for fighter jets and other aircraft to Taiwan on Thursday to \u201cimprove the recipient\u2019s capability to meet current and future threats by maintaining the operational readiness of the recipient\u2019s fleet.\u201d<\/p>\n<p>The sale, which is due to take effect next month, is the first U.S. arms sale to Taiwan in Trump\u2019s second term. Beijing was <a href=\"https:\/\/www.fmprc.gov.cn\/eng\/xw\/fyrbt\/202511\/t20251113_11752756.html\">quick to condemn<\/a> the purchase, calling issues concerning Taiwan \u201cthe core of China\u2019s core interests and the first red line that must not be crossed in China-U.S. relations.\u201d Beijing does not recognize Taiwan\u2019s sovereignty and has repeatedly lambasted foreign powers that maintain relations with the island. Although Washington has formal ties with Beijing and only maintains unofficial ties with Taiwan, the United States is the island\u2019s most important arms supplier.<\/p>\n<p>In a similar vein, China <a href=\"https:\/\/www.reuters.com\/world\/china\/japan-trying-revive-wartime-militarism-with-its-taiwan-comments-chinas-top-paper-2025-11-14\/\">warned<\/a> Japan on Friday that Tokyo would suffer a \u201ccrushing defeat\u201d if it were to use its forces to intervene over Taiwan. The threat comes after newly elected Japanese Prime Minister <a href=\"https:\/\/foreignpolicy.com\/2025\/10\/21\/japan-elections-prime-minister-conservative-takaichi\/\">Sanae Takaichi<\/a> told parliament last week that a Chinese attack on Taiwan could be a \u201c<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-14\/china-warns-citizen-to-avoid-traveling-to-japan-amid-taiwan-row\">survival-threatening situation<\/a>\u201d that triggers a military response from Tokyo. The comments sparked a diplomatic row, with China\u2019s consul general in Osaka posting (and then deleting) a statement on X warning that \u201cthe dirty neck that sticks itself in must be cut off\u201d and both countries <a href=\"https:\/\/www.nbcnews.com\/world\/asia\/china-japan-feud-takaichi-taiwan-attack-ambassador-summoned-rcna243877\">summoning<\/a> each other\u2019s ambassadors.<\/p>\n<p><strong>Deadly assault on Kyiv. <\/strong>Russia <a href=\"https:\/\/apnews.com\/article\/war-russia-ukraine-energy-strikes-bombs-e0016ce1cec36f650e384a255250bf18?user_email=6b04284e4d00370f16d3dac0a626e01bf24d86e4d6995646867da6aa680488d0&amp;utm_medium=Morning_Wire&amp;utm_source=Sailthru_AP&amp;utm_campaign=Morning%20Wire_14_Nov_2025&amp;utm_term=Morning%20Wire%20Subscribers\">launched<\/a> a massive drone and missile attack on Ukraine on Friday, killing at least six people and injuring around 35 others. The assault, which focused mostly on Kyiv but also hit the Odesa and Kharkiv regions, saw about 430 drones and 18 missiles target civilian and energy infrastructure, including high-rise apartment buildings. This was a \u201cspecially calculated attack to cause as much harm as possible to people and civilians,\u201d Ukrainian President Volodymyr Zelensky <a href=\"https:\/\/t.me\/V_Zelenskiy_official\/16871\">wrote<\/a> on Telegram.<\/p>\n<p>Despite Ukraine successfully using U.S.-made Patriot air defense systems to intercept 14 of the missiles, heavy damage was still reported, with Friday\u2019s operation being Russia\u2019s biggest one on Kyiv in almost three weeks. The attack sparked fierce condemnation from Ukraine\u2019s Western allies. Notably, though, Azerbaijan also <a href=\"https:\/\/www.reuters.com\/world\/europe\/azerbaijan-protests-russias-ambassador-over-missile-damage-kyiv-embassy-2025-11-14\/\">denounced<\/a> the assault after a Russian Iskander missile damaged the country\u2019s diplomatic compound in Kyiv.<\/p>\n<p>Moscow maintains that its forces <a href=\"https:\/\/foreignpolicy.com\/2023\/04\/28\/uman-ukraine-russia-airstrike-civilian-deaths-counteroffensive\/\">do not target civilians<\/a>, with the Russian Defense Ministry describing Friday\u2019s attack as having been on \u201cmilitary-industrial and energy facilities.\u201d Russia has repeatedly carried out assaults on <a href=\"https:\/\/foreignpolicy.com\/2025\/10\/29\/russia-ukraine-energy-attacks-winter-cold\/\">Ukrainian oil and energy infrastructure<\/a> ahead of what is expected to be another brutal winter, and a recent <a href=\"https:\/\/foreignpolicy.com\/2025\/11\/13\/ukraine-corruption-scandal-energy-zelensky-investigation-russia\/\">Ukrainian corruption investigation<\/a> has found that alleged graft among Kyiv\u2019s elite may have hindered the country\u2019s ability to defend itself against these attacks.<\/p>\n<p><strong>Threats to maritime shipping. <\/strong>Iranian authorities <a href=\"https:\/\/apnews.com\/article\/iran-tanker-mideast-tensions-1762f491e9eb1912cb8b8bd9a1a634d8?user_email=6b04284e4d00370f16d3dac0a626e01bf24d86e4d6995646867da6aa680488d0&amp;utm_medium=Morning_Wire&amp;utm_source=Sailthru_AP&amp;utm_campaign=Morning%20Wire_14_Nov_2025&amp;utm_term=Morning%20Wire%20Subscribers\">seized<\/a> a Marshall Islands-flagged oil tanker in the Strait of Hormuz on Friday. According to a U.S. official, the vessel\u2014named <em>Talara<\/em> and carrying high-sulfur gasoil\u2014was en route from the United Arab Emirates to Singapore when it was intercepted. This was Tehran\u2019s first such interdiction in the narrow, strategic waterway in months; 20 percent of all global oil transports travel through the strait, which feeds into the Persian Gulf.<\/p>\n<p>Iran has <a href=\"https:\/\/foreignpolicy.com\/2023\/10\/05\/iran-ramps-up-showdowns-in-the-strait-of-hormuz\/\">in the past threatened<\/a> to close off the Strait of Hormuz in retaliation for or to deter actions by its adversaries, though it has never followed through on the threat. \u201cThe Iranian government may be many things, but it\u2019s not so stupid as to harm shipping at its doorstep\u2014at least, not before it has exhausted every other option,\u201d FP columnist Elisabeth Braw <a href=\"https:\/\/foreignpolicy.com\/2025\/06\/24\/iran-israel-strait-hormuz-shipping-oil-insurance\/\">argued<\/a> in June.<\/p>\n<hr\/>\n<h3><strong>What in the World?<\/strong><\/h3>\n<p>The African Union on Sunday called for international intervention in Mali over an ongoing blockade of what resource by an al Qaeda-linked group?<\/p>\n<p>A. Medicine<br \/>B. Fuel<br \/>C. Food<br \/>D. Water<\/p>\n<hr\/>\n<h3><strong>Odds and Ends<\/strong><\/h3>\n<p>As Chileans gear up for the first round of the country\u2019s presidential election on Sunday, candidates are doing everything in their power to shore up last-minute support. Leftist Jeannette Jara and right-wing Jos\u00e9 Antonio Kast are <a href=\"https:\/\/www.as-coa.org\/articles\/poll-tracker-chiles-2025-presidential-election?tpcc=latin_america_brief&amp;utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Latin%20America%20Brief%2011142025&amp;utm_term=latin_america_brief\">neck-and-neck<\/a> in the polls, but center-right candidate Evelyn Matthei is trying to appeal to younger voters by releasing a cringy yet catchy <a href=\"https:\/\/www.youtube.com\/watch?v=a0YmmzENRiU\">trap music video<\/a>. The popular hip-hop subgenre usually features heavy bass drums and bopping hi-hats\u2014and, in this case, scathing critiques of Matthei\u2019s political opponents.<\/p>\n<hr\/>\n<h3><strong>And the Answer Is\u2026<\/strong><\/h3>\n<p>B. Fuel<\/p>\n<p>The blockade in the capital, Bamako, has also led to the temporary closure of schools and businesses, FP\u2019s Nosmot Gbadamosi <a href=\"https:\/\/foreignpolicy.com\/2025\/11\/12\/nigeria-trump-military-threats-response\/\">writes<\/a> in Africa Brief.<\/p>\n<p>To take the rest of FP\u2019s weekly international news quiz, <a href=\"https:\/\/foreignpolicy.com\/2025\/11\/14\/news-quiz-un-climate-change-conference-iraq-election-united-states-shutdown\/\">click here<\/a>, or <a href=\"https:\/\/foreignpolicy.com\/alerts\/\">sign up<\/a> to be alerted when a new one is published.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/foreignpolicy.com\/2025\/11\/14\/trump-trade-deals-switzerland-lichtenstein-argentina-ecuador-guatemala-el-salvador\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome back to World Brief, where we\u2019re looking at the White House\u2019s latest trade deals, China\u2019s anger over U.S. and Japanese support for Taiwan, and a massive Russian assault on Kyiv. Lowering Tariffs U.S. President Donald Trump this week secured five new trade deal frameworks to reduce U.S. costs of living, foster greater foreign investment, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":{"0":"post-2993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politcical-news"},"_links":{"self":[{"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=\/wp\/v2\/posts\/2993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2993"}],"version-history":[{"count":0,"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=\/wp\/v2\/posts\/2993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=\/wp\/v2\/media\/2994"}],"wp:attachment":[{"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firearmupgrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}