कोशिश गोल्ड - मुक्त
A Swiss Watchmaker's Race to Beat US Tariffs
Financial Express Lucknow
|August 09, 2025
As a US tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches worth thousands of dollars each to the US.
By Wednesday, the firm had blocked orders on its US website.
Now CEO Thomas Steinemann is calculating the price hikes he'll need to make.
The whipsaw week for the Swiss horologist, as US President Donald Trump slapped a surprise 39% trade tariff on imports from the European country, underscores how businesses big and small are being forced to adapt and rejig operations under pressure.
DuBois et fils, founded in 1785, accelerated shipments on Monday from its factory in Muttenz, near Basel, to get through customs before the US tariff on imports from Switzerland came into force.
The 39% rate—up from the baseline tariff rate of 10% since April—took effect on Thursday after the Swiss president came back from an emergency trip to Washington without a deal.
यह कहानी Financial Express Lucknow के August 09, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Financial Express Lucknow से और कहानियाँ
Financial Express Lucknow
The role of language in shaping identity
China’s new gender-neutral pronoun is part of a global linguistic shift
3 mins
January 11, 2026
Financial Express Lucknow
Democracy in decay
How the ideals of the Constitution fail to percolate down to the masses
2 mins
January 11, 2026
Financial Express Lucknow
India, EU express strong will to conclude FTA early
TRADE TALK
2 mins
January 11, 2026
Financial Express Lucknow
Budget likely to focus on debt goals & fiscal deficit
More investment, efficiency for high growth: EAC head 'Strong turnaround for banking'
1 min
January 11, 2026
Financial Express Lucknow
Tradition with a twist
Piyush Mohnani, marketing head of fashion brand Asuka Couture.
3 mins
January 11, 2026
Financial Express Lucknow
A new sheriff in town
TWO HUNDRED YEARS after the Monroe Doctrine was declared by the 5th President of the United States, and despite the widespread doubt about its power and efficacy, the doctrine was invoked by the 47th President of the United States.
3 mins
January 11, 2026
Financial Express Lucknow
Moroccan cave fossils yield a missing link in human origins
The new finding has a potential to revise theories on early human evolution
4 mins
January 11, 2026
Financial Express Lucknow
DIY URBANISM
How residents are cleaning, greening and reclaiming their cities, one filthy river, dumping ground, or neglected corner at a time
3 mins
January 11, 2026
Financial Express Lucknow
Greenland’s party leaders dismiss US control proposal
GREENLAND'S PARTY LEADERS have rejected President Donald Trump’s repeated calls for the US to take control of the island, saying that Greenland’s future must be decided by its people.
1 min
January 11, 2026
Financial Express Lucknow
Scientists find oldest poison residues on 60,000-year-old arrows
The poison hints at how far back in history humans have been using it for survival
2 mins
January 11, 2026
Listen
Translate
Change font size