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Swiss Watch Exports Plummet Amid Tariffs and Declining Demand

9/19/2025

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Story summary
  • Swiss watch exports dropped 17% in August, driven by weak demand from China and a new 39% tariff in the US.
  • China experienced a 36% decline, while the US market fell 24%.
  • The tariff, effective August 7, has led to higher consumer prices.
  • US retailers stockpiled inventory before the tariff, but prices have since surged.
  • Collectors are now favoring vintage and independent brands as safer investments.