English => News => Topic started by: Redaktion on August 04, 2025, 15:48:44
Title: Prices of Swiss watches could face a rise after the imposition of higher tariffs
Post by: Redaktion on August 04, 2025, 15:48:44
The Trump administration announced a new change in tariff rates to countries with a trade deficit. From August 7 on, if no agreement is reached before, the country would face a 39% tariff on exports, affecting industries like watch manufacturing and pharmaceuticals.