Swiss gold and Rolex gifts to Trump raise questions over personalisation of US presidential power
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Swiss gold and Rolex gifts to Trump raise questions over personalisation of US presidential power
"Pasquale Tridico, an Italian MEP and the former head of the country's National Institute for Social Security said he was disgusted by the golden charm offensive, made weeks before Trump decided to slash 39% tariffs on Swiss imports to 15%. This is really awful, he said, claiming that it seemed to be a case of making foreign policy the policy of individuals."
"The gifts were lavished on Trump in the first week of November but might have gone unnoticed until internet sleuths set out to establish the origins of a new clock photographed on Trump's Oval Office desk. They suggested the clock was in the style of Datejust, a self-winding wrist watch launched in 1945, now a valuable collector's item. The fluted, gold colored bezel, a green dial, and a cyclops to magnify a date complication said the watch website Hodinkee."
A gold Rolex desk clock and a $130,000 engraved gold bar were presented to Donald Trump by a Swiss delegation, prompting concern over personalised presidential influence. The gifts arrived in early November, weeks before the US reduced tariffs on Swiss imports from 39% to 15%. Italian MEP Pasquale Tridico described the gesture as disgusting and suggested it turned foreign policy into the policy of individuals. Swiss Green party president Lisa Mazzone said the gifts indicated reliance on an economic elite lacking democratic legitimacy. Internet investigators traced the clock to a Datejust-style design and identified Rolex executives among the delegation.
Read at www.theguardian.com
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