US EditionSwiss watch exports to US soared ahead of Trump tariffs
- Swiss watch exports to the United States increased 13.7 percent in March, compared to the previous year.
- Retailers increased stocking before US President Donald Trump announced potential tariffs, driving the export surge.
- The watchmakers' federation reported that exports rebounded after a 6.7 percent drop the previous month.
- Analyst Jon Cox stated, "US exports probably reflect Swiss producers pushing product ahead of US tariffs."
- Overall exports edged up 1.5 percent to 2.38 billion francs, equal to $2.9 billion, however analysts warn of a slowdown.
Insights by Ground AI
Does this summary seem wrong?
35 Articles
35 Articles
All
Left
1
Center
7
Right
7
ABC FOX Montana+29 Reposted by 29 other sources
Swiss watch exports to US soared ahead of Trump tariffs
Swiss watch exports to the key US market soared nearly 14 percent in March, likely the result of retailers stocking up before US President Donald Trump announced his tariffs on countries worldwide.
·Missoula, United States
Read Full Article
US Rebound Drives Swiss Watch Exports
Swiss watch exports rose in March amid a resurgence in US demand and solid growth in the United Kingdom, which surpassed Hong Kong and China for the first time Shipments of timepieces grew 1.5% to CHF 2.13 billion ($2.61 billion) for the month, the Federation of the Swiss Watch Industry reported Thursday. The increase followed a month in which demand in most major markets, including the US, Japan, Hong Kong and China, decreased. “Swiss watch e…
Coverage Details
Total News Sources35
Leaning Left1Leaning Right7Center7Last UpdatedBias Distribution47% Center, 47% Right
Bias Distribution
- 47% of the sources are Center, 47% of the sources lean Right
47% Right
C 47%
R 47%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
