Tag: repercussion
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Hank Swiss Watches: Watch Industry Tariff Repercussions, What to Expect Now
Key Highlights Introduction The complicated watch industry is facing more challenges as people worry about the economy. The United States, a key player in bringing in Swiss watches, will start a big 31% tariff on April 9, 2025. This change will disturb the current situation for luxury watchmakers and watch companies, retailers, and American consumers.…