Tariff Relief Lifts Swiss Watch Exports – Politics Complicate the Picture
The United States has trimmed tariffs on Swiss imports to 15% from 39%, retroactive to November - and the industry has responded on cue. December Swiss watch exports rose 3.3% to 2.1 billion francs, with shipments to the U.S. up 19.1%. It is a welcome loosening of the vise, though still tighter than the roughly 2% duty that prevailed before the Trump-era trade measures. #rolex #watches #watchnews…
https://hodynnykar.com/tariff-relief-lifts-swiss-watch-exports-politics-complicate-the-picture/
