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Swiss Luxury Watchmakers’ Shares Drop After Trump Tariff Shock

The sector is already under pressure from a stronger franc and falling global demand.
A watch by Swiss luxury watch and clock manufacturer Vacheron Constantin, owned by Richemont group, is displayed on the opening day of the Watches and Wonders Geneva show
A watch by Swiss luxury watch and clock manufacturer Vacheron Constantin, owned by Richemont group, is displayed on the opening day of the Watches and Wonders Geneva show. (Getty Images)

Swiss luxury watchmakers’ shares, including

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