For many countries, the reprieve from President Donald Trump’s eye-watering global tariffs, which were first announced on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end.

India and the US have been locked in intense trade negotiations, aiming to reach an agreement before steep tariffs kick in.

Swiss officials approved the draft of a framework trade deal with the US almost two weeks ago, and are continuing talks while awaiting sign off from President Donald Trump, according to the government.