Trump's duties hit the luxury. Swatch raises watch prices by up to 15 percent

Zdjęcie: Foto: Bing Guan/Bloomberg


Swatch will rise watch prices in the United States by 5-15 percent. This is the effect of the duties imposed by Donald Trump on Switzerland last month," announced Swiss watch maker general manager Nick Hayek. American customs duties on Swiss goods presently amount to 39 percent.