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

Trump spoke by video from the White House to the annual summit in Davos, Switzerland, on his third full day in office.

U.S. President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global business and political leaders and warned them they will face tariffs if they make their products anywhere but the U.