Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Swatch sells watch lampooning Trump's 39% tariffs on Switzerland

    Swatch sells watch lampooning Trump's 39% tariffs on Switzerland

    Published by Global Banking and Finance Review

    Posted on September 12, 2025

    Featured image for article about Headlines

    ZURICH (Reuters) -Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39% tariffs President Donald Trump imposed on U.S. imports from Switzerland last month.

    The tariffs - among the highest set by Trump worldwide - were met with shock and dismay in Switzerland, a leading producer of high-end watches and other luxury goods.

    Costing 139 Swiss francs ($175), the watch named "WHAT IF...TARIFFS?" went on sale on Wednesday and is only available in Switzerland, a company spokesperson said on Friday.

    The spokesperson said the watch was made with a knowing "wink" and sent a wake-up call to the Swiss government, which so far has not managed to secure a reduction of the tariffs.

    It aims to be a short-lived product, Swatch said.

    "Because as soon as the U.S. changes its tariffs for Switzerland, we will immediately stop selling this watch," the spokesperson said, declining to say how many watches had so far been sold but calling the model "a huge success."

    The Swatch website said delivery of the beige and blue watch could be delayed by one to two weeks due to what it called "very high demand". It is also available at nearly a dozen Swatch stores, including those at the airports of Zurich and Geneva.

    The government of Switzerland has been seeking to negotiate lower tariffs with the Trump administration ever since the levies were announced.

    U.S. Commerce Secretary Howard Lutnick struck a fairly upbeat tone on the talks on Thursday, telling CNBC that his government would "probably get a deal done with Switzerland."

    ($1 = 0.7964 Swiss francs)

    (Reporting by Dave Graham; Editing by Joe Bavier)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe