{"id":176540,"date":"2025-09-22T07:00:41","date_gmt":"2025-09-22T05:00:41","guid":{"rendered":"https:\/\/luxus-plus.com\/?p=176540"},"modified":"2025-09-22T09:13:15","modified_gmt":"2025-09-22T07:13:15","slug":"swiss-watch-exports-august-weighed-down-by-us-tariffs","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/swiss-watch-exports-august-weighed-down-by-us-tariffs\/","title":{"rendered":"Swiss watch exports: August weighed down by US tariffs "},"content":{"rendered":"

While Swiss watchmakers were saved in July by anticipation of the US tariff increase, which came into effect on August 7, they saw a sharp decline (-16.5%) in international sales last month. Their main destinations and all product categories suffered even more, as the month had one less working day.<\/h4>\n

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Swiss watch exports<\/b> plummeted again in August<\/b>.<\/p>\n

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The misleading effect of July<\/b>, marked by a strategic surge in exports to the United States, was, as expected, a flash in the pan.<\/p>\n

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July boosted by stockpiling in the United States<\/h2>\n

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A quick flashback: in July<\/b>, international sales of Swiss timepieces grew by 6.9% to 2.4 billion Swiss francs<\/b>, according to monthly statistics from the Federation of the Swiss Watch Industry (FH)<\/b>. They were driven by the surge (+45%<\/b> to 554.5 million Swiss francs) in the US market<\/b> (after an already spectacular jump of +149.2% in April<\/b>), with professionals anticipating the increase in customs duties<\/b> to the very high rate of 39% set by the Trump administration on Swiss products from August 7.<\/p>\n

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