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Evening Standard
Evening Standard
Holly Williams

Watches of Switzerland warns over US price hikes after Trump tariffs

United States Watches of Switzerland Switzerland Donald Trump Rolex European Union

Luxury retailer Watches of Switzerland has revealed price hikes for US customers after President Donald Trump’s move to slap a 10% tariff on European Union imports to America.

The Rolex seller said some of its “brand partners” in the US had already pushed through “mid-single digit” percentage price increases on its ranges in response to Mr Trump’s tariff hike.

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