Switzerland negociating with the U.S to lower tariffs on its exports to 15%
Switzerland is nearing a deal with the U.S. to lower tariffs on its exports to 15% from 39%, according to a media report on Monday.…
Tag: swiss-watches
Rolex launching new facilities by 2025 to boost production
Rolex SA will create three temporary production facilities that will begin churning out luxury watches in 2025, as the world’s largest maker of high-end timepieces seeks…
Swiss watches exports return to pre-Covid 19 levels
Annual Swiss watch export figures recently published by trade body Federation of the Swiss Watch Industry (FH) reached an all-time high of CHF22.3 billion in 2021, with…
The U.S. takes over as biggest global market for Swiss watches
Eight months of pro-democracy protests in Hong Kong have put paid to the region’s status as the number-one market for Swiss watch exports, overtaken by…
