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Rolex, luxury watchmakers brace for Trump's tariffs on Swiss imports
Switzerland is bracing for a big tariff hike on its exports, and its watch industry could take the brunt when President Trump hits Switzerland with an enhanced 39% tariff on its exports, which is slated to start later this week.
Trump's 39% tariff on Switzerland could spike luxury watch prices for both new and pre-owned pieces, impacting brands like Rolex and Cartier.
While the new Swiss tariff isn’t set to go into effect until August 7, Swiss brands are already debating between swallowing the extra cost or passing it directly onto American consumers. Industry ...
A 39% tariff on Swiss goods is a blow for a country that hoped to reach an early trade deal with the Trump administration.
The Alpine country of 9 million found out the hard way that the US is not here to help.
President Trump’s new 39% tariff on Swiss imports could send luxury watch prices — including Rolex — even higher, pushing ...
Watches of Switzerland sees long-term upside despite tariff risks, betting on Rolex demand, U.S. expansion, and high-return ...
The Swiss president is heading to the U.S. in a last-ditch effort to head off punishing tariffs that threaten to cripple key ...
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Switzerland races to avoid 39% Trump tariff as trade talks stall
Switzerland is on edge as a brutal 39% tariff from the United States threatens to slam into its exports in just a few days. The country was blindsided last week when President Donald Trump’s ...
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