‘He Likes Swiss Watches!’: Trump Shocks Horology With Tariffs

The Trump administration shook Switzerland with new punishing tariffs. Very few seemed more surprised than the buyers and sellers of the Swiss watches.

Oliver R. Müller, a Swiss -based luxury clock consultant, was probably angry at the coup of tariffs to the country’s watch industry, which was reliable from the US to the demand for stabilizing fading sales in China.

“Another burden on others,” Müller said in an interview.

If Müller passes through brands such as Rolex, Patek Philippe and Omega, 39% of the administration’s 39% tariff in all Swiss imports would probably lead to price increases of 12% to 14%. This will add about $ 1,000 to stainless steel Rolex Submariner’s $ 9,500 price.

Switzerland watches are a signal of wealth that has been going on for a long time, and over the years, the president has been wearing a variety of high -level hours, including a Rolex. The members of the family and their management also made public Swiss hours. For observers, this 39% made Levy even more boring.

“Above all, he loves Swiss hours!” He said Müller.

High -level hours draws an American fan base that has grown in recent years, and obsessed owners show their collections on social media. Switzerland’s chain retailer watches, which have places in Tony shopping areas in the United States, said in a statement that “it will continue to work closely with our brand partners to reduce any potential impact”.

Trump management officials did not seem to focus on the clocks when they replaced the tariffs, but instead they showed pharmacists as a driving force in the trade imbalance between countries. The US has no major luxury monitoring industry.

Online monitoring enthusiasts have followed the brand and reference numbers of the top watches of Trump officials for a long time. FBI director Kash Patel wore a Breitling. There is a label Heuer with the former Doge Czar Elon Musk, SpaceX logo.

Foreign Minister Marco Rubio – Trump had not inherited a reserve from his father, and Marco Rubio declared that he would sell hours in Manhattan ”.

Before Trump’s tariffs, there were already warning signs in the Swiss clock industry. According to a trade group, the Swiss WATCH Industry Federation, exports fell by 5.6% in June. In a monthly report, the Group said that it was directed by “important decreases ında in the US sales and sales in Japan and Hong Kong.

Trump lending his name and signature to a number of maga codes, including $ 100,000 “Swiss -made” Tourbillon last year.

The producers of the watch, a company registered as Thebestrwatchesonearth LLC, did not respond to the request for comments sent through a vehicle. The site states that the watches are not political and have nothing to do with any political campaign ”.

With the help of Chris Rovzar.

This article was created from an automatic news agency feeding without changing the text.