So, big in the news the US tariffs on imports from outside the US - of course Switzerland will be affected as well. I think Switzerland will be paying +31% tariff on its exports to the US.
Already expensive Swiss watches will become more expensive - by quite a lot really. And Rolex has recently opened a new factory to increase their production.
Bad timing from the watch company ?
Saw this article recently and thought it was interesting - knife makers (I know there are many enthusiasts and some makers here) in the US are suffering, along with others in the outdoor gear indutry, because of tariffs. The tariffs are preventing them from making things in the US in an economically viable way...
Montana Knife Company
Yes, tariffs are negatively impacting knife makers in the US, with many located in my part of the country. I have a problem with this statement in the article:
"'Punish the guy making the knives in Taiwan and in China. I’m fine with that,' Smith said in the latest episode of his podcast. 'But I’m the guy making knives in America, Donald Trump. Don’t punish me for making knives in America by tariffing my equipment and my steel supply. Tariff the guy that’s doing absolutely jack shit in America. That’s called nuance in your policies, and that’s what I’m asking for.'"
Smith does not want to raise his costs for the steel and equipment produced out of the US. But what if he made the equipment or steel?
The nuance here is that he is getting what he voted for. Tariffs are a bad idea.
Smith does not want to raise his costs for the steel and equipment produced out of the US. But what if he made the equipment or steel?
A common theme is that if it happening to someone else, it's fine,. If it's happening to me, well then all hell will break loose! 🤣
In a couple weeks America will slap everyone back in line. Tarriffs will be off the headline of doom and gloom. All will be back to normal. Anyway, I have to go to Vegas now and spur on the economy there.
Hit when holding 13 if dealer shows a 6 ? Damn I always forget