Manufacturers of watches, machines and precision instruments are among sectors hit hardest by the 39% levy Read more at The ...
Swiss watch exports fell for a third month as US President Donald Trump’s trade tariffs continued to weigh on the industry.
Total exports of the timepieces dropped 4.4% in October compared with the same period last year, driven by a U.S. slump.
New York (CNN) — Rolex watches, which aren’t known for their affordability, are getting even more expensive this year with the soaring price of gold to blame. Prices on some of the Swiss company’s ...
Exports to the leading market for Swiss timepieces slumped 46.8 percent in October, continuing a sharp correction after ...
Swatch Group owns a good share of the Swiss watch industry, seeing turbulence throughout the introduction of the Apple Watch and through economic issues. Despite a broad brand portfolio, Swatch ...
A 39% U.S. tariff on Swiss imports takes effect August 7, hitting luxury watch brands hard. Swiss exports to the U.S. topped $6 billion last year, with brands like Rolex now facing pricing pressure.
Swiss watch exports fell in September, hurt by the Trump administration’s 39% tariff on imports from Switzerland to the US, the industry’s largest market.
The crown logo still rules but here’s where the real watch steals are – including one brand that’s booming, according to an ...