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Luxury Swiss watch demand surged in the US as wealthy Rolex enthusiasts tried to get ahead of Trump's tariffs

Summary by Business Insider
Rolex Daytona PandaCourtesy of Bob's WatchesThe Federation of the Swiss Watch Industry found Swiss watch exports grew by 18.2% in April.Swiss watch exports to the US surged largely due to impending Trump tariffs on luxury goods.However, China, Singapore, and Hong Kong suffered from slumping exports.Everyone seemingly wants to get their hands on a luxury watch ahead of Trump's tariffs.A report from the Federation of the Swiss Watch Industry found…

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Business Insider broke the news in United States on Thursday, May 29, 2025.
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