In Geneva, Luxury Watch Leaders Prepare for Impact of US Tariffs The luxury watch industry is bracing for a significant impact as a result of the proposed US tariffs on Swiss watches. Chief executives of leading watch companies have revealed their strategies to mitigate the potential effects of these tariffs, which could result in price […]
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty The Swiss watch industry is renowned for its precision, craftsmanship, and timeless elegance. However, recent geopolitical developments have thrown a curveball at one of the biggest players in the market – the Swatch Group. With the imposition of a hefty 39 percent tariff on Swiss-made products by the […]
Swiss Luxury Watchmakers’ Shares Drop After Trump Tariff Shock
Swiss Luxury Watchmakers’ Shares Drop After Trump Tariff Shock Swiss luxury watchmakers are feeling the heat as their shares take a hit following the recent announcement of tariffs by President Trump. This blow comes at a time when the sector is already struggling due to a stronger franc and decreasing global demand. The imposition of […]