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Tariffs and the Future of American Watchmaking
So far in our series exploring the effects of the U.S. government’s newly levied tariffs on Swiss watch imports, we have looked at the possible repercussions on both the new and preowned markets, here and internationally. For this final article, we are going to try and predict how they may impact the American watchmaking industry […]
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Tariffs and the Preowned Watch Industry
Unless you’ve been living in an internet-less backwoods bolthole for the last few months, you will be well aware of the new round of tariffs being foisted on imports into the U.S. from several countries around the world, and none more so than Switzerland. The European enclave is still in a state of shock after […]
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Tariffs and New Watch Sales
Switzerland is not a happy place at the moment. The watchmaking industry, the country’s third largest export sector accounting for some 17%-20% of total annual exports, has a major problem. Their largest foreign market, responsible for around $5.44 billion a year, has suddenly decided to levy an enormous 39% tariff on all new watches coming […]
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Tariffs and the Watchmaking Industry
If, for some reason, your favorite pastime is reading about the impending demise of the luxury watch industry, then you probably haven’t had as much fun as you’ve had in recent months since the days of the Quartz Crisis. Go online with just about any question involving the mechanics of the horology business and you […]
