Swiss Watch Industry Faces Sharp Decline Amid 39% U.S. Tariff

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Source: The New York Times
Swiss Watch Industry Faces Sharp Decline Amid 39% U.S. Tariff
Photo: The New York Times
TL;DR

Switzerland faces a 39% US tariff on its goods, including luxury watches and pharmaceuticals, prompting urgent negotiations to avoid increased costs and economic impact, amid tensions over trade deficits and tariffs.

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