LeadStory

CNBC

Swatch takes a swipe at Trump’s 39% Swiss tariff

CNBC · Just In
CNBC
CNBC
Just In

Swiss watchmaker Swatch has launched a new model featuring the numbers 3 and 9 switched on its face, in a nod to the 39% tariff imposed by President Trump. The model is only available in Switzerland, priced at 139 Swiss francs.

Breakdown
  • Swatch launched a limited edition watch with reversed '3' and '9' to reference the 39% US tariff. 6s
  • The watch was priced at $175 and sold out quickly in Switzerland. 24s
  • Swatch's CEO called the watch a 'positive provocation' and criticized the Swiss government's reaction. 44s
  • Swatch shipped inventory to the US before the tariffs took effect and raised prices by 5%. 1m 13s
  • The company maintains that provocation is part of its brand identity. 1m 33s
BusinessFashion