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Hopefully steep tariffs on Switzerland will bring watchmaking and watchmakers back to America.
by adriand 2y ago
Hopefully steep tariffs on Switzerland will bring watchmaking and watchmakers back to America.
- KaiserPro 2y agoIt’s already back in America. Plus fr high end customers, there are many ways to avoid tariffs
- JumpCrisscross 2y ago> Hopefully steep tariffs on Switzerland will bring watchmaking and watchmakers back to America It’s actually a good case study. It no longer makes sense to buy a fine watch from an American retailer. The tariffs incentivise a trip abroad. (I’m seeing something similar happen with skis.)
- secondcoming 2y agoYou risk paying a tariff when you return to the US though.
- JumpCrisscross 2y ago> You risk paying a tariff when you return to the US though Not really. I’m bringing back a few thousand dollars of mounted, probably lightly-used, skis. Nobody expects to declare random purchases made abroad. Much less an article of jewellery on their wrist.
- dharmab 2y agoI've bought watches overseas. Hypothetically, one could simply wear the watch on their wrist on the flight home. Personal jewelry is not subject to duties.