The Unexpected Winner From Trump’s Swiss Watch Tariffs
Swiss watch exports to the US fell 56% in one month following Trump’s 39% tariff.
The UK has overtaken the US as the biggest destination for Swiss watches.
London’s Bond Street and Mayfair boutiques saw record allocations amid global market shifts.When Donald Trump introduced a 39% tariff on Swiss luxury watches, the goal was to bring production closer to home, to deliver jobs and prosperity to the American people (and hopefully, still keep the bling). Instead, the American market ha
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