Swiss President Guy Parmelin has discussed trade relations with United States counterpart Donald Trump at the World Economic Forum (WEF) in Davos. + Get the most important news from Switzerland in your inbox "Davos is not Davos without the US President," said Parmelin after the meeting. + Will Swiss shops be inundated with cheap, hormone-filled beef? Switzerland and the US have different interpretations of trade figures. Trump referred to a US trade deficit with Switzerland of around $40 billion. Parmelin pointed out, that according to the latest figures, the deficit now stands at $8.8 billion in favour of the US. The meeting was also attended by Swiss finance minister Karin Keller-Sutter and foreign minister Ignazio Cassis, and from the US side, secretary of state Marco Rubio and treasury secretary Scott Bessent. + Swiss politicians decry ‘gold bar diplomacy’ in Trump trade deal The delegations sat together for around 15 minutes in the WEF Congress Centre. Parmelin described the ...