Trump's Tariff Reduction Plan Boosts Swiss Watch Industry

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Recorded11 Nov 2025

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President Trumps announcement of potential tariff reduction on Swiss exports to the US has sparked optimism in the luxury goods sector. Shares for Swatch Group and Richemont surged following the news, indicating a positive shift in trade tensions. The ongoing negotiations could lead to lower prices for consumers and increased sales for Swiss companies, potentially boosting their bottom line. Stay tuned for updates on this developing story.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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