Swiss watch exports to US up 149.2% in April amid fears of additional tariffs
Miruna Brosban
International
foto pexels
Always see our news on Google
In April, exports of Swiss watches to the US rose by an exceptional 149.2% to 851.9 million francs in April, accounting for 33% of total exports. This explosion in shipments was driven by concerns about tariffs imposed by the Trump Administration. Without this increase, total watch exports would have fallen by 6.4%. Although other markets showed modest growth, Asian demand fell significantly. The watch industry, crucial to the Swiss economy, generates 10% of exports and 57,000 jobs.
Sources
Latest News
19:55
BVB, most indices up / BET advanced by 0.52%, while transactions exceeded 83 million lei
19:52
European supermarkets targeted by cyberattacks on refrigeration systems. Russia is indicated as a possible perpetrator
19:44
European Commission: Montenegro Could Sign EU Accession Treaty in June 2027
19:30
Crin Antonescu criticizes the treatment of Călin Georgescu and says house arrest would have been sufficient
19:27
The European Commission is examining the 30% cap on students without Italian citizenship, introduced by the government led by Giorgia Meloni
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
