Swiss Watch Exports Decline Due to US Tariffs

Reported about 12 hours ago

Swiss watch exports dropped by 3.1% in September, largely attributed to a 39% tariff imposed on Swiss imports by the Trump administration, significantly impacting the US market, which saw a 56% decline in exports. Despite gains in other markets, the overall decline marks the second consecutive monthly drop. The Swiss government is still negotiating for lower tariffs, but progress remains uncertain.

Source: YAHOO

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