Hat Tip very dear friend of the Treehouse, Zurich Mike.

Switzerland is in a conundrum. More specifically, the Swiss National Bank is stuck betwixt two points that are also playing out in other stable western countries.  Exports to the USA account for over ten percent of the Swiss manufacturing base.

The Trump tariffs are putting pressure on Switzerland to drop the value of their currency as an offset to retain competitive pricing.  However, simultaneous to the tariffs, the Swiss Franc is being purchased by global investment groups and sovereign foreign countries as a safe harbor due to the stability of the currency, which is driving up the value of the franc.

The Swiss Franc is now at the highest point against the U.S dollar in decades. One franc is worth 1.21 dollars.  This makes their exports cost even more.  The Swiss government desperately needs to lower the value of their currency.  The Swiss central bank has already dropped interest rates to 0.25% and is now contemplating negative interest rates as a result.

SWITZERLAND – […] That is why many are speculating on a reaction from the Swiss National Bank (SNB). SNB Director Martin Schlegel could weaken the currency by selling the Swiss franc against the dollar and euro in order to support the export-oriented economy.

But this could provoke a backlash from Trump if he perceives the SNB’s intervention as currency manipulation. Even during Trump’s first term in office, Switzerland was on the US list of suspected currency manipulators.

(more…)

[AUTHORS NOTE: Having attended the ASEAN conference to make contacts, after a brief respite at home I spent the past several weeks traveling Southeast Asia to research the likely impact from Trump’s tariff and global trade reset. Visits included manufacturing and distribution facilities in the Philippines, Malaysia, Thailand, Vietnam, Cambodia, Sri Lanka and South Korea. What I will share with you in the next few months is an overview from direct first-hand discussions, contrast against the MSM financial media outline.]

The predictable doomsday Wall Street Journal narrative includes a forecast for a massive drop in exports from China as shipping conglomerates begin to outline a drop in trans-pacific sea cargo and container carriers.

What I would say to concerned Americans is to filter out the political narrative and remind yourself of the expanded footprint throughout SE Asia that Beijing has already established.  Chinese companies, many of them subsidized by the CCP, are pre-positioned to begin transnational shipping. I have witnessed it first-hand.  However, here’s the WSJ narrative as it begins.

WSJ – The number of ships sailing from China to the U.S. laden with clothes, electronics, furniture and other goods is plunging, as an accelerating number of cargoes are canceled.

The scrapped sailings come after the Trump administration ratcheted up tariffs on China while giving a three-month reprieve on punitive levies for much of the rest of the world.

At the Port of Los Angeles, one of America’s biggest gateways for imports from China, executive director Gene Seroka told port officials Thursday that he expects a 35% drop in import volumes in two weeks “as essentially all shipments out of China for major retailers and manufacturers has ceased.”

(more…)

An interesting report from the U.K reflects British government officials who feel their legal position against ‘free speech’ in Great Britain is now part of the negotiations for President Trump’s tariffs.  Essentially, the tariff discussion is encompassing more than just tariffs; if the nation does not support traditional freedoms and liberty, they could face stronger tariffs from the USA.

The messenger for this dynamic is not coincidentally Vice President JD Vance, who aligns closely with the tech platforms.  The tech control agents are bitterly opposed to President Trump’s tariff position, and this nuance is quite possibly a way to give the tech platforms an ancillary benefit, vis-a-vis free speech support.

The tech industry is facing pressure from the EU and British government to censor and control information content on their platforms.  By adding the importance of free speech to the leverage of tariff pressure, President Trump gives both Main Street companies and American Tech Titans something important to their business interests.  This is both a smart and righteous approach.

(Via The UK Independent) Sir Keir Starmer must embrace Donald Trump’s agenda by repealing hate speech laws in order to get a trade deal over the line, a Washington source has told The Independent.

The warning came after the US vice-president suggested a UK-US agreement may be close, with the White House “working very hard” on it.

(more…)

Wednesday, President Trump held an executive order signing ceremony in the oval office and took questions from the media on current topics.  Video Prompted:

.

President Trump notes the economic team have been in contact with 90 countries from around the world who have called to renegotiate trade agreements.  Additionally, Trump notes that 11 new automotive assembly plants have been announced by car companies in order to avoid U.S. tariffs.  That’s a lot of American jobs.

(more…)

Earlier today President Trump was spotted personally reviewing the placement for two new 100-foot flagpoles that will be placed on the White House grounds.  President Trump briefly talked to media about the new additions. President Trump is personally paying for the installations. WATCH:

.

The media quickly rushed to see what President Trump was doing, and then excitedly began asking questions, that turned into a brief impromptu presser.  SEE BELOW:

(more…)

President Trump has signed some rather commonsense and yet remarkable executive orders permitting to Exclusive Economic Zones (EEZs) for fishing.  Effective with the signing of these executive orders, American fishing vessels in Hawaii and American Samoa will be permitted to fish their native waters without competition from foreign industrial fishing operations.

Currently approximately 70% of all U.S. seafood is imported because we restrict our own commercial fishing fleets yet purchase fish from foreign sources.  Fishes like Tuna [(both for canning (Samoa) and fresh sashimi (Hawaii)] are migratory and our fishermen have been blocked from fishing them in massive sections of the Pacific Ocean which the U.S. owns and controls.

President Trump is removing the proximity restrictions for both regions and opening up the area for American fishing harvest.  During the signing event, representatives from Samoa and Hawaii explain the purpose.  WATCH:

At approximately 17:00 of the video, the press questions begin.

(more…)

The U.S. Chamber of Commerce has decided against joining any lawsuits targeting the tariffs put into place by President Trump, Commerce Secretary Lutnick and the National Economic Council.  This is quite a new shift in tone from the generally hostile CoC.

In the background, the U.S. CoC has historically surveyed their corporate sponsors and conducts extensive polling on their interests as part of their decision-making process.  Perhaps the CoC is starting to realize a larger American awakening of their long history selling out middle-America is too risky for them politically.

WASHINGTON DC – The U.S. Chamber of Commerce has no immediate plans to join the growing number of lawsuits challenging President Donald Trump’s so-called Liberation Day tariffs, two people with direct knowledge of discussions confirmed to POLITICO.

The business group, one of the most influential trade associations in Washington, will instead focus on lobbying the Trump administration on the tariffs directly, said the people, who were granted anonymity to divulge sensitive and developing discussions.

[…] “While we believe that tariffs under [the International Emergency Economic Powers Act] are legally questionable, the president has other tools to impose similar tariffs that equally damage America’s Main Street Businesses,” the Chamber said in a statement to POLITICO. “The only way to provide immediate relief is for the Administration to pull back on these harmful tariffs.” (more)

(more…)

Folks, I know this is going to be hard, but we must remain steadfast in bearing the burden of new tariffs for our essential items.  Hermes has announced they will pass along the cost of President Trump’s tariffs to consumers.

Currently, Hermes branded purses ranging from $20,000 to $200,000 are purchased by a whopping 0.001% of Americans, yet 90% of wives for Wall Street hedge fund managers have them.

Yes, this is going to be a painful price increase; however, it is our patriotic duty to withstand it.  We can survive it.

NEW YORK – […] The Paris-based company — which manufactures the vast majority of its goods in France — will raise prices enough to offset any hit to growth from the current 10% tariff on the European Union, according to Eric du Halgouet, Hermes’ executive vice president of finance.

If Hermes adds the 10% tax, US shoppers could pay an additional $2,000 on a lower-cost model, or an extra $20,000 on a $200,000 handbag. (read more)

If you have any tips or advice on how to deal with increased emotional anxiety as a result of this horrific announcement, please provide your words of wisdom in the comments section.  If we lean on each other for support, we can get through this.

(more…)

Speaking from Buenos Aires, Treasury Secretary Scott Bessent talks about President Donald Trump’s tariff policies, countries trying to work out new trade deals, Argentina paying off its swap line with China and the need for the U.S. to focus on central America to block Chinese expansion. WATCH:

.

(more…)

White House National Economic Council Director Kevin Hassett appears on Fox Business to discuss President Donald Trump’s tariff agenda, semiconductor imports, the administration working on new trade deals and the impact of the global trade reset on China.

Happy warrior Kevin Hassett notes numerous countries are ready to sign new deals with the USA and there will likely be some group announcements very soon.  WATCH:

.

Hassett also answered questions outside the White House to the media pool.

(more…)