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Switzerland’s president on risks from Trump’s 39% tariff

A 'seismic' 39% tariff on Switzerland is rocking the watch world, and even pre-owned Rolexes could see price hikes

Trump's 39% tariff on Switzerland could spike luxury watch prices for both new and pre-owned pieces, impacting brands like Rolex and Cartier.

Associated Press · 1d

Swiss cheese, chocolate and watches: Switzerland’s president on risks from Trump’s 39% tariff

Prices for Swiss watches, Swiss chocolate and Swiss cheese could skyrocket in a week as a result of U.S. President Donald Trump’s trade war.

The Financial Times · 1d

Americans face price rises for luxury watches after Trump’s Swiss tariffs

The US accounted for 16.8 per cent of Swiss watch exports in 2024, worth roughly SFr4.4bn ($5.4bn). Swiss manufacturers The Swatch Group and Richemont, as well as London-listed Watches of Switzerland,

Switzerland, Tariff

Bloomberg on MSN · 1d

Switzerland Slammed With 39% Tariff Rate in US Trade Blitz

Donald Trump will impose a 39% tariff on imports from Switzerland, one of the steepest levies globally which threaten to leave the country’s key exports reeling.

The Wall Street Journal · 1d

What's Behind Trump’s Shock 39% Tariff on Switzerland?

A 39% tariff on Swiss goods is a blow for a country that hoped to reach an early trade deal with the Trump administration. The rate, due to take effect on Thursday, exceeds the 31% level floated in April.

BBC on MSN · 1d

Confusion and anger in Switzerland - hit by highest tariffs in Europe

39%? For Switzerland, this is a huge shock, and worse than the worst-case scenario – these are the highest tariffs in Europe. Globally, the fourth highest, behind only Syria, Laos, and Myanmar, (although if President Trump follows through on his 50% tariff threat then Brazil will jump to the top of the list).

1don MSN

Switzerland, the land of luxury brands, could see prices skyrocket from Trump’s 39% tariffs

Switzerland is home to some of the world’s most recognizable luxury brands. It now faces a 39% tariff as a result of U.S.

Switzerland Slapped With Super-High 39% U.S. Tariff—Impacting These Luxury Imports

Switzerland is home to some of the world's most famous watch, chocolate, pharmaceutical and precision instrument brands in ...

7hon MSN

Trump’s tariffs leave a lot of losers, from Laos to Brazil. And there were no real winners

President Trump’s tariff onslaught left a lot of losers, from small, poor countries such as Laos and Algeria to wealthy U.S.

1don MSN

Swiss stunned by US tariff hike, seek negotiated solution

Swiss manufacturers warned on Friday that tens of thousands of jobs were at risk after U.S. President Donald Trump hit them ...

6hon MSN

Who are the winners and losers of Trump's tariffs?

Governments, markets and businesses across the globe were scrambling Friday to make sense of President Donald Trump’s ...

Trump’s ‘Slap in the Face’ Puts Neutral Switzerland in Trade-War Crossfire

Swiss officials and business leaders reacted with shock and confusion after President Trump’s executive order imposing a 39% ...

6hon MSN

Swiss Tariff Deal Push Hits Roadblock in Heated Trump Call

Switzerland’s 11th-hour phone call with Donald Trump offered the nation a harsh reality check: A trade deal isn’t a deal unless the US president personally closes it.

Trump’s new tariff could make your Rolex dream even more expensive

President Trump’s new 39% tariff on Swiss imports could send luxury watch prices — including Rolex — even higher, pushing ...

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