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.
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.
“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 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.” - REUTERS
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