"The watch world breathed a collective sigh of relief over the Supreme Court's decision on President Donald Trump's trade policy. In a 6-3 decision on Friday, the court ruled that imposing most of Trump's tariffs exceeded his authority under a 1970s law. The ruling is a hefty blow to the policies he put in place against foreign countries, which companies have had to reckon with for nearly a year."
"Watch dealers have told Business Insider that they and their shoppers stand to benefit from the ruling. Pre-owned watch retailer SwissWatchExpo CEO Eugene Tutunikov said it would likely lead to lower pre-owned watch prices in the next six months - he expects declines of 2% to 3%. Without tariffs looming overhead, the market is poised to snap back faster than retail prices as sellers set their prices and buyers take the deals."
"Tariff tensions between Switzerland and the US have been up and down since Trump's Liberation Day. US imports of Swiss goods faced a baseline tariff of 10% from April 2025 until Trump eventually raised it to 39%, sending shockwaves through the watch industry. The two countries continued negotiations until Trump agreed to lower the rate to 15% after speaking with Rolex and other Swiss companies."
The Supreme Court struck down most of President Trump's tariffs in a 6-3 decision, finding the imposition exceeded presidential authority under a 1970s law. The ruling undermines tariff policies that affected companies and international trade for nearly a year. Pre-owned watch dealers and collectors are likely to benefit as reduced tariff risk should loosen supply and lower prices, with SwissWatchExpo projecting 2% to 3% declines in pre-owned watch prices over six months. Luxury watch entry points will become more accessible as sellers respond and buyers regain purchasing power. Tariff tensions between the US and Switzerland rose after rates moved from a 10% baseline to 39% before falling to 15%.
Read at Business Insider
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