Swiss watches keep ticking despite tariff challenges
The country’s makers of high-end timepieces should avoid the ‘horror scenario’ facing their fellow exporters
The country’s makers of high-end timepieces should avoid the ‘horror scenario’ facing their fellow exporters

Manufacturers and dealers are threatened by increased levy in a market worth more than $5bn

Swiss groups are involved in deals across sectors, defying currency moves and US tariffs

Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking

European country hopes to reduce levy from 39% after business leaders stepped in to drive the talks forward

Swiss watchmaker says trading momentum improved sharply late last year after profits plunged

New duty level on Swiss goods one of highest in the world and exceeds 31% rate outlined by Donald Trump in April