Tariff Terror: Rolex Prices Just Went to the Moon!
Photo by Darren Halstead on Unsplash
Brace yourselves, watch lovers! The Trump administration slapped a whopping 39% tariff on Swiss imports, putting big pressure on luxury watch brands like Rolex and Cartier. Eugene Tutunikov from Swiss Watch Expo called it 'a complete shock' with 'immediate effects.' This tariff means new Swiss timepieces might sting your wallet more, but wait for it... pre-owned watch prices could leap up to 35%! Talk about a seismic event shaking up the market! At least now collectors have a thrilling new reason to turn pawn shops into treasure troves. Everything happens for a reason, right?
Share the Story
(1 of 3)
Swipe to navigate
Source: Businessinsider | Published: 8/2/2025 | Author: Jordan Hart
More Articles in Business
America Adds 50,000 Jobs, But Those 70,000 Stayed Home for Holidays
Businessinsider
USS Gerald R. Ford Saves Day By 'Apprehending' Another Wobbly Tanker
Businessinsider
Chinese Crackdowns Cut US Fentanyl Supply, Trump Declares Pills Weapons of Mass Destruction
Axios
Billion-Dollar Hedge Fund’s Head Trader Quits To Take 'Career Break,' Market Shrugs
Businessinsider
Billionaire Bros Move T-Rex LLC Out of California to Avoid Paying Taxes; Dinosaur Surprised
Businessinsider
Grandfather Gifts $1,500 with Guest Star Role for Financial Advisor
Businessinsider
Facebook Exec Jumps Off Career Cliff to Build Giant iPhone Flop
Businessinsider
Man Moves to Spain for Sun, Pays in Airport Commute Hours Instead of Pounds
Businessinsider
New Berkshire CEO Gets $25M While Buffett Lived on $100K and Sandwiches
Businessinsider