Keeping Time With Oster Watches

This episode is a little different. We are addressing the situation in the Swiss watch industry with a focus on an explanation of the tariffs imposed this year. The implications for global trade are quite huge with few countries affected as greatly as Switzerland. Despite a population of approximately 9 million, Switzerland is one of the most important investors into the US economy; from pharmaceuticals to chocolate production and financial services. Yet huge tariffs were directed at Switzerland which affects their export market. One of Switzerland's most famous and most desirable exports is of course luxury watchmaking. This is the reason you all listen to Keeping Time.  Today we are going to discuss in-depth the impact of the tariffs on the US watch market; how it impacts retailers, manufacturers, distributors (and agents) and of course the end-users who purchase these objects of mechanical beauty. We delve into the mechanics of how the tariffs actually work from an import perspective. We then welcome a cou