Patek Philippe Cuts Prices In USA And Hikes Them In UK
Patek Philippe has cut prices by 8.6% in the United States. As WatchPro anticipated in a reported on December 8, the Geneva watchmaker reversed price rises and a cut to dealer margins that were introduced after America increased import tariffs on Swiss watches by 39% in August. Prices rose by around 15% in the United States on September 15, five weeks after President Trump slapped the punitive 39% tariff on Swiss watches entering the country. It was the second price rise triggered by the US administration’s tariff policy in six months — the first adjustment followed the imposition of an












