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YouTubeBloomberg Originals
Why Swatch May Be Running Out of Time
The Swatch Group is credited with saving the Swiss watch industry in the 1980s. But right now the company is under pressure, hit by a spending slowdown in China. US President Donald Trump’s trade war has only piled on to its problems. In August, Trump imposed a 39% tariff on imports from Switzerland, steeper than the 31% he had previously ...
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