Trump’s 39% Tariffs Have Pushed the Swiss Watch Industry Into Crisis Mode – Robb Report

Title: “Trump’s Tariffs Strain Swiss Watch Industry”

In a significant blow to luxury watchmakers, President Trump’s 39% tariffs on Swiss watches have sent ripples through the industry. Facing increased costs and reduced demand, Swiss watchmakers find themselves in a precarious position, with experts predicting a prolonged crisis. The industry, a cornerstone of Switzerland’s economy, now braces for challenging times ahead.