Swiss exports to the US now face a 39% tariff — what's next for the iconic watch industry and precision engineering that define Switzerland's global edge?
Happen to see a video bloomberg made on how this will effect Swatch Group. According to them the high-end brands will be fine because their customers are able to swallow the increased prices where as mid- and bottom-tier brands will likely suffer greatly because they’re already in a shrinking market.
For anyone anyone interested, these brands are part of swatch group:
Happen to see a video bloomberg made on how this will effect Swatch Group. According to them the high-end brands will be fine because their customers are able to swallow the increased prices where as mid- and bottom-tier brands will likely suffer greatly because they’re already in a shrinking market.
For anyone anyone interested, these brands are part of swatch group: