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Trump's 39% tariffs ‘horrible' for Switzerland, Breitling CEO says
Youtube· 2025-11-12 00:15
In August, the US administration under President Donald Trump introduced a 39% tariff on Swiss goods entering the American market. The move represented a major setback for Switzerland with rates far exceeding the 15% applied under the EU agreement. Here's what the CEO of Swiss watch maker Brightling has to say.Obviously in the month of August we saw Swiss watch exports falling off a cliff owing to those tariffs. How badly were you hit by this. I mean these were terrible news.39% tariffs is is is horrible. U ...