Switzerland's fledgling trade deal with the U.S. is dividing opinion as government and business leaders welcome a "restart" for the country, while critics caution it amounts to a sellout to the White House.

The trade deal, announced on Friday , saw duties on Swiss exports to the States slashed from 39% to 15% and Swiss companies pledge to make $200 billion in investments in the U.S., including promises to increase manufacturing Stateside.

Switzerland had launched a charm offensive ahead of the deal, sending a group of top Swiss CEOs — including the heads of luxury goods giants Rolex and Richemont — to the States in early November, bearing gifts for U.S. President Donald Trump, including a gold Rolex watch and specially-engraved gold bar.

While Switzerland's lobbying helped

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