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

Insider on MSN · 18h

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,

Rolex, Trump and Tariff

Yahoo Finance · 1d

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 collectors toward the resale market.

Robb Report · 1d

Rolex and Swiss Watchmakers Have Been Hit With a 39% U.S. Tariff

On Friday, Switzerland was hit with a 39 percent tariff from the U.S. governement on its goods, including watches, chocolate, and more.

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.

1d

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 ...

1d

U.S. Tariff Hike Could Push Rolex Prices Up Nearly 40%

Effective August 7, U.S. imposes 39% tariff on Swiss imports; Swiss watchmakers could face significant price hikes or absorb ...

1d

Higher Tariffs on Swiss Imports May Lead to Pricier Nespresso Products and Watches

President Donald Trump announced plans to charge a 39% tariff on imports from Switzerland beginning August 7th.

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