A gold Rolex desk clock and a $130,000 engraved gold bar given to Donald Trump by a group of Swiss billionaires have raised questions in Europe and the US about the personalisation of US presidential power.

Pasquale Tridico, an Italian MEP and the former head of the country’s national institute for social security said he was “disgusted” by the golden charm offensive, made weeks before Trump decided to slash 39% tariffs on Swiss imports to 15%.

“This is really awful,” he said, claiming that it seemed to be a case of “making foreign policy the policy of individuals”.

Lisa Mazzone, the president of the Green party in Switzerland said the gifts appeared to show Trump’s “corrupt logic had poisoned the Swiss elite”. Trump accused of caving to big business after deal to cut Swiss tari

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