Swiss Watch Exports Slumped by 16.4% Globally in August

The watch market is not operating like clockwork right now.

Swiss watch exports dipped by 16.4 percent in August, hitting $1.98 billion (1.57 billion Swiss francs), a new report from the Federation of the Swiss Watch Industry says. These latest figures come in the wake of a yo-yoing market in the wake of President Trump’s tariffs, WWD reported.

This new data comes in the wake of a red-hot July for U.S. imports of Swiss watches, which  totaled more than $175…