Switzerland's playing the negotiation game now. Their Federal Council just signaled they're open to cutting more tariffs on American goods—but there's a catch. They want the U.S. to return the favor with its own concessions. Classic tit-for-tat diplomacy.

This kind of trade maneuvering usually flies under the radar for crypto folks, but macro policy shifts like these can ripple through risk assets. If trade tensions ease up, expect traditional markets to breathe easier—and that sentiment often spills over into digital assets. On the flip side, if talks stall? Could see more flight to decentralized alternatives as uncertainty climbs.

Keep an eye on how Washington responds. Trade wars and tariff games have a funny way of reshaping capital flows.