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re: Swatch Group raises prices on watches, frontloaded exports to get ahead of tariffs

Posted on 8/13/25 at 1:33 pm to
Posted by hogcard1964
Alabama
Member since Jan 2017
17244 posts
Posted on 8/13/25 at 1:33 pm to
I haven't heard from Swatch in 40 years.
Posted by kbro
North Carolina, via NOLA
Member since Jan 2007
5298 posts
Posted on 8/13/25 at 1:34 pm to
quote:

I haven't heard from Swatch in 40 years.


Swatch Group owns many brands
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24690 posts
Posted on 8/13/25 at 3:09 pm to
quote:

Thats very socialist of you.



Capitalistic really. The cost of doing business, is the cost of doing business. If they do not want to cut into their profit margins, then they should work with the Swiss government to negotiate with the USA

They either want to sell their product or not, I feel like they can find the margins and a way.
Posted by Free888
Member since Oct 2019
2849 posts
Posted on 8/13/25 at 3:16 pm to
The other thing to keep in mind, luxury watchmakers have had ridiculous price increases the last few years to take advantage of the demand during Covid. The market has cooled off and they now have margin to play with.
Posted by teke184
Zachary, LA
Member since Jan 2007
103104 posts
Posted on 8/13/25 at 3:22 pm to
quote:

"Customers are mobile," Hayek said.


Customers may buy high end shite overseas to dodge tariffs.

People aren’t going to travel overseas to get a Swatch watch and, as Euros love to point out, many Americans don’t travel out of the country to begin with.
Posted by CAD703X
Liberty Island
Member since Jul 2008
91069 posts
Posted on 8/13/25 at 3:41 pm to
quote:

I haven't heard from Swatch in 40 years.


the omega/swatch collab is selling like hotcakes





Link to every single Omega/Swatch Moonswatch
This post was edited on 8/13/25 at 3:50 pm
Posted by wdhalgren
Member since May 2013
4529 posts
Posted on 8/13/25 at 4:27 pm to
quote:

The focus on “trade deficit” is silly. We don’t have to pay thst back, ya know? It’s not a “debt”. In fact it indicates that the goods we’re buying… we are buying at a massive discount because of our strong currency. Effecting a “minimum wage” for imports is as silly as it is for employment.


It's not silly at all. If you do it for 50 years straight you lose jobs, you lose industries, and you eventually become dependent on other countries to provide things you actually need (we are there). Why do you think the rest of the world, including developed countries, is upset that Trump is attempting to simply moderate our trade deficits? They want those jobs. More jobs means less dependency on the govt safety net and higher personal and corporate tax revenues, both of which decrease govt budget deficits. Jobs create family stability. Meanwhile, dependency on foreign producers for vital products is a risk to both national security and the general welfare.

Plus, large trade deficits in combination with large budget deficits create a risk to a currency, particularly if it continues for a long time. We don't have to pay it back, but if other countries become less inclined to hold dollars and dollar based assets then we may have to buy them back or face a sharp decline in the dollar exchange rate. With our currently massive negative NIIP, we don't stand a chance of propping up the dollar under adverse conditions. I'm not going to do the research, but I feel pretty confident that no other country has ever run a twin deficit for 50 consecutive years before now, and ours have been growing rapidly in recent years. The only reason we haven't had a currency problem yet is because of our "reserve" currency status, but that can and will come to an end, sooner if we continue blowing out our twin deficits.
This post was edited on 8/13/25 at 4:43 pm
Posted by SlayTime
Member since Jan 2025
3597 posts
Posted on 8/13/25 at 6:12 pm to
What about Z. Cavaricci’s and Benetton?
Posted by HeadSlash
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
54701 posts
Posted on 8/13/25 at 6:42 pm to
quote:

Swatch


They're still around?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92888 posts
Posted on 8/13/25 at 6:45 pm to
quote:

Aren’t we talking about Swatch? Don’t they make those $80 plastic things?


So OP is crying about 4 dollars
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22520 posts
Posted on 8/13/25 at 6:58 pm to
They have big brands like Omega and Blancpain
Posted by GoldenGuy
Member since Oct 2015
12700 posts
Posted on 8/13/25 at 6:59 pm to
quote:

assemble your US inventory here in the states


That’s actually a violation. You must make a significant change in the product(s) to avoid paying tariffs, not just assembly.
Posted by scottydoesntknow
Member since Nov 2023
9619 posts
Posted on 8/13/25 at 7:22 pm to
Make the last 40% in US...problem solved
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92888 posts
Posted on 8/13/25 at 7:27 pm to
So hes crying about 4 dollars for low end ppl abd 500 more for high end ppl like Omega

I mean how sad is the OP
Posted by moneyg
Member since Jun 2006
61772 posts
Posted on 8/13/25 at 7:27 pm to
quote:

The focus on “trade deficit” is silly. We don’t have to pay thst back, ya know? It’s not a “debt”. In fact it indicates that the goods we’re buying… we are buying at a massive discount because of our strong currency. Effecting a “minimum wage” for imports is as silly as it is for employment.


You are looking at it wrong.

The United States consumer is as much of a bargaining chip as the United States military. In the same way that the military can and has impacted geopolitical issues, now the American consumer will.
Posted by Barstools
Atlanta
Member since Jan 2016
11194 posts
Posted on 8/13/25 at 7:39 pm to
I bought a Hamilton watch in May. It could have been me!
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
21769 posts
Posted on 8/13/25 at 7:45 pm to
quote:

So hes crying about 4 dollars for low end ppl abd 500 more for high end ppl like Omega

I mean how sad is the OP


If your retard brain could extrapolate things, you'd understand why it isn't "just 4 dollar on a swatch"
Posted by Sofaking2
Member since Apr 2023
18928 posts
Posted on 8/13/25 at 7:47 pm to
Who buys watches anymore?
Posted by dgnx6
Member since Feb 2006
85507 posts
Posted on 8/13/25 at 7:48 pm to
quote:

Because we are the wealthiest nation on earth. If you dont want trade deficits, shrink the value of the dollar.


That’s all the dollar has done while running these huge trade deficits.




Posted by jrodLSUke
Premium
Member since Jan 2011
25676 posts
Posted on 8/13/25 at 7:50 pm to
quote:

We produce everything in Switzerland

Liars. The Swiss don’t make the cheap plastic. They get that shite from china.
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