Industry News – The Impact of the 39% U.S. Tariff on the Swiss Watch Industry, And The Reactions of A Major CEO, the Swiss Fed and an Analyst
On August 1st – also known as Switzerland’s National Day – the Trump Administration announced a 39% tariff on Swiss imports, coinciding with Secretary of State Marco Rubio publicly praising Switzerland… A political and economic shockwave has gripped the country for nearly two weeks. Rightfully so, Switzerland is heavily export-oriented, and the U.S. is one […]