Swiss Watchmakers Sound Upbeat on US as Long as Stocks Last Swiss watchmakers have recently found a glimmer of hope amid the looming threat of a new 39 percent U.S. tariff on luxury timepieces. Despite the potential setback, a surge in exports in July has provided a much-needed shield for Swiss watch brands, softening the […]
Swiss Watch Industry Sees Tough Times Ahead Over Trump Tariffs
Swiss Watch Industry Faces Challenges Amidst Trump Tariffs The Swiss watch industry, known for its precision, craftsmanship, and timeless elegance, is currently facing turbulent times ahead. The recent announcement by President Trump of imposing significant tariffs on goods from Switzerland, as well as from the European Union, has sent shockwaves through the luxury market. The […]