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Swiss watch exports fell again in October amid US trade tariffs

While Trump’s 39% tariff crushed US demand by 47%, China emerged as the surprising bright spot with 13% growth.

Swiss watch exports fell again in October amid US trade tariffs
Novak Djokovic of Serbia competes in the Men’s Singles Semifinal match against Valentin Vacherot of Monaco on day 13 of 2025 Shanghai Rolex Masters at Qi Zhong Tennis Center on October 11, 2025 in Shanghai, China. Image: Getty Images

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