Trump’s New Tariff Could Make Your Rolex Dream Even More Expensive
SWITZERLAND, AUG 1 – The 39% tariff targets a $6 billion Swiss watch export market to the U.S. and may increase Rolex prices up to 40%, citing a $38 billion trade deficit, officials said.
9 Articles
9 Articles
Watch industry in 'shock' over 39% tariff on Swiss imports like Rolexes
Swiss government officials were hit with a 39% tariff from the US.Carl Court/Getty ImagesTrump's 39% tariff on Swiss imports could hit luxury watch prices in the US.Switzerland is a key hub for watchmakers; tariffs would affect brands like Rolex and Cartier.Pre-owned watch prices could rise as demand shifts from new to secondhand markets, dealers said.Watch collectors might want to skip the Rolex boutique and head straight for the pawn shop this…
Trump’s 39% Swiss tariff threatens Rolex
A 39 per cent tariff on Swiss imports will come into force on August 7, 2025, sending shockwaves through the luxury watch market as brands including Rolex brace for price hikes and shifting consumer behaviour. Announced by Donald Trump in a sweeping executive order, the tariff targets all Swiss imports and is part of a broader overhaul of U.S. trade policy. With Switzerland lacking a formal… Source
Rolex Prices Could Skyrocket 40% as U.S. Slaps Switzerland with Major Tariff
Luxury watch enthusiasts and collectors across the United States may want to hold off on buying that next Rolex. Starting August 7, 2025, a new U.S. executive order imposes a… The post Rolex Prices Could Skyrocket 40% as U.S. Slaps Switzerland with Major Tariff appeared first on stupidDOPE
Coverage Details
Bias Distribution
- 57% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium