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Swiss watch exports fell for a third month as US President Donald Trump ’s trade tariffs continued to weigh on the industry.
Watch exports fell 4.4% in October from a year earlier to 2.2 billion Swiss francs ($2.7 billion), the Federation of the Swiss Watch Industry said Thursday. Exports to the US — the largest market — slumped 47%. China, though, grew for a second month as exports rose 13%.
Swiss Watch Exports Fell Again in October Amid US Trade Tariffs
