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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,

Swiss, tariff

Reuters on MSN · 1d

Swiss stunned by US tariff hike, seek negotiated solution

The levy - up from an originally proposed 31% tariff that Swiss officials had described as "incomprehensible" - is a body blow for the small Alpine nation, which counts the U.S. as the top export market for its pharmaceuticals, watches, machinery and chocolates.

The Straits Times · 1d

Switzerland stunned by US tariff rate of 39%, seeks negotiated solution

Switzerland counts the US as its top export market for pharmaceuticals, watches, machinery and chocolates. Read more at straitstimes.com. Read more at straitstimes.com.

Bloomberg L.P. · 52m

Trump Tariffs Stun Swiss Investors Ahead of Monday’s Market Open

Swiss stock investors are bracing for Monday’s market reopening after US President Donald Trump slapped a punitive 39% export tariff on the country, among the highest in the world.

Trump's tariffs leave a lot of losers

Los Angeles Times on MSN · 14h

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. trading partners such as Canada and Switzerland. But there were no real winners -- including the U.

NBC News on MSN · 1d

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

Trump's finalized list of tariffs imposes heavy levies on Switzerland, Laos, Syria, Iraq, Serbia, Algeria and others.

CNN · 1d

These are the countries affected by Trump’s latest tariffs

President Donald Trump has once again announced new tariffs for just about every country in the world, further upending the landscape of global trade.

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 ...

5mon

Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World

Swiss officials plan to negotiate urgently for a lower rate, before the punishing levy takes effect next week.

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.

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.

2don MSN

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 ...

1don MSN

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.

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 ...

1don MSN

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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