WatchDossier

WatchDossier

The Field

U.S. Tariffs on Swiss Watches: The 39% Levy Reshaping American Collecting (2025)

The border etched into every balance wheel: How import duties have transformed watch ownership into an unwitting act of economic allegiance

Sergio Galanti's avatar
Sergio Galanti
Oct 04, 2025
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In August 2025, the United States imposed a 39 percent tariff on Swiss watch imports, targeting an industry that represented CHF 4.4 billion in annual exports to America. The levy—among the highest ever imposed on a Western ally—has triggered price increases across major brands: Patek Philippe raised U.S. prices by 15 percent, Cartier by 10 percent, Bre…

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