US tariffs: Trump signs order granting exemptions; zero duties begin Monday for aligned partners

President Trump signed an executive order granting tariff exemptions to trading partners who reach agreements on industrial exports, including metals, pharmaceuticals, and chemicals. This move aims to reshape global trade, reduce deficits, and encourage concessions from partner nations. The exemptions, effective Monday, cover goods not sufficiently produced in the U.S. and align with existing agreements, potentially impacting countries like Switzerland.