Europe’s Luxury Boom: How Affluent Shoppers Are Outsmarting Tariffs and Shaping Global Trade Trends
Luxury Tariffs Spark a New Wave of Cross-Border Shopping: What Investors and Advisors Need to Know Now The recent imposition of steep U.S. tariffs on Swiss luxury goods—most notably a staggering 39% tariff on Swiss watches—has ignited a fresh trend among affluent consumers and savvy investors: traveling abroad to bypass these taxes. While this might…