Swiss Watch Exports Surged in April, as the Threat of Higher U.S. Tariffs Loom

Swiss Watch Exports Surged in April, as the Threat of Higher U.S. Tariffs Loom

Swiss watch exports jumped 18 percent in April, with the U.S. figures skyrocketing by 149 percent ahead of Trump's pending tariffs.

US Tariff Fears Send Swiss Watch Exports Soaring

Swiss watch exports climbed 18% year on year in April as the US market brought forward large orders to avoid a potential increase in prices from tariffs.  Shipments of luxury timepieces increased to CHF 2.55 billion ($3.09 billion), the Federation of the Swiss Watch Industry said Tuesday. The US primarily led the charge; without those imports, April would have seen a 6% decline, the federation noted.  “The monthly performance was largely driven …

Business News: Swiss Watch Exports To U.S. Surge Almost 150% In April After Tariff Shock

Swiss watch exports surged in April as watchmakers and U.S. retailers rushed to ship and receive stock following the unexpected threat of major levies on Swiss goods imported to the United States. Exports to the U.S. jumped by 149% last month, the most ever, after U.S. President Donald Trump's 'Liberation Day' vow to impose a 31% levy on imports from Switzerland. The Federation of the Swiss Watch Industry, which compiles the data for the monthly…

Swiss watch exports jump in April ahead of threatened US tariffs

Swiss watch exports jumped by almost a fifth in April as shipments to the US more than doubled ahead of expanded tariffs threatened by President Donald Trump.

Swiss watch exports to US soar as time ticks on tariffs

Swiss watch exports to the United States soared last month as US President Donald Trump called time out on tariffs, industry figures showed on Tuesday. US-bound shipments soared by 149.2 percent in April compared to the same month a year ago, according to the Federation of the Swiss Watch industry. Trump imposed a 10 percent tariff on imports from around the world in early April but hit dozens of countries with steeper duties, with Swiss goods f…

Watch exports increased by 18.2% to 2.54 billion francs in April. After a roller-coaster ride in the first three months of the year, they were driven by shipments to the United States, which rose by 149.2%.