Tag Archives: Switzerland

Gen Z’s fascination with luxury watches has been one of the more surprising consumer trends of the last few years. But a steep tariff hike on Switzerland could threaten its market: American youth. Gen Z—alongside younger millennials—have embraced luxury timepieces as status symbols, posting them on TikTok and Instagram and helping reshape an industry long dominated by older collectors. A …

The Swiss government is telling its domestic companies that they have not, in fact, found a clever way to skirt President Donald Trump’s tariffs by routing goods through the tiny neighborhood country of Liechtenstein. Switzerland and Liechtenstein share a 102-year-old customs treaty allowing the 25km-long principality to share the Swiss economic area. But that agreement, which makes it nearly impossible …

Why Are Tariffs on Switzerland So High?  The New York Times A 240-year-old Swiss watchmaker’s race to beat Trump’s tariff deadline  Reuters Tenacious Swiss Leader Stood Up to Trump — It Backfired on Her  Bloomberg.com President of wealthy Switzerland rushes to Washington to try to avert steep US tariffs  AP News Trump tariffs: Did Swiss gold refiners fuel the crisis?  DW Source link

A historic shift is underway among the world’s wealthiest. This year, some 142,000 millionaires are planning to relocate—leaving behind familiar luxuries like London penthouses and French estates in favor of greater opportunities and financial stability abroad. While longstanding favorites like Switzerland, the United States, and the United Arab Emirates (UAE) continue to attract their share of affluent individuals, one lesser-known …

Switzerland facing 39% US tariff as president leaves Washington empty-handed  Reuters Switzerland is in a uniquely difficult position when it comes to tariffs. Here’s why  CNBC Swiss President Set to Leave Washington Without Lower Tariff  Bloomberg.com Swiss cheesemakers fear for US sales if hit by tariffs  Reuters America’s tariff avalanche catches Switzerland unawares  The Economist Source link

Switzerland Rushes to Give Trump ‘More Attractive’ Offer to Cut Tariffs  The New York Times Swiss president under fire after Trump call leads to US tariffs shock  The Guardian America’s tariff avalanche catches Switzerland unawares  The Economist Switzerland says it’s ready to make Trump ‘more attractive offer’ on trade  Reuters Swiss Gold Trading Takes Spotlight in Trade Talks With Trump  Bloomberg.com Source link

THE FIREWORKS in celebration of the Rütlischwur, the foundational oath of Switzerland on August 1st 1291, had just subsided when Donald Trump announced that Swiss exports to America would soon face tariffs of 39%. It came as a shock to Europe’s most stubbornly independent country. After consulting with businesses and holding a crisis meeting on August 4th, the government announced …

Switzerland says it’s ready to make Trump ‘more attractive offer’ on trade  Reuters Swiss president under fire after Trump call leads to US tariffs shock  The Guardian Switzerland Rushes to Give Trump ‘More Attractive’ Offer to Cut Tariffs  The New York Times Swiss tensions run high as clock ticks on U.S. tariff deadline  CNBC Swiss Gold Trading Takes Spotlight in Trade Talks With Trump  Bloomberg.com …

Switzerland could revise offer on Trump tariffs, business minister says  Reuters ‘Knives out’: Switzerland descends into blame game after US tariff shock  Financial Times Confusion and anger in Switzerland – hit by highest tariffs in Europe  BBC Buying a Swiss Watch in America Is About to Get a Lot More Expensive  The Wall Street Journal Swiss Watches, Nespresso Pods Among Luxury Imports To Be …

Imogen Foulkes Geneva correspondent, BBC News Getty Images 39%? For Switzerland, this is a huge shock, and worse than the worst-case scenario – these are the highest tariffs in Europe. Globally, the fourth highest, behind only Syria, Laos, and Myanmar, (although if President Trump follows through on his 50% tariff threat then Brazil will jump to the top of the …