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It's a five billion dollar business between Switzerland and US. While I was there with all the CEOs of all the watch companies, we get whacked with a 34% tariff directly. Now here's the dilemma. If you're a watchmaker like, Rolex, Patek, or AP, the demand for your watches... worldwide far exceeds your ability to manufacture them. Some of these companies only make 4,000 watches a year, so you're gonna delay shipping them to the US while we work this out because China/Asia will buy them all from you. I told them, "Listen, guys. You wanna keep on side with American consumers with your brands, I'm one of them, and just let things play out a little bit here. Give us a few weeks to work this out." There is a case study right there. Don't take my watches away from me; that would be crazy! I speak on behalf of millions of collectors.show more

Kevin O'Leary aka Mr. Wonderful

1,206,965 subscribers

1,039,522 views • 1 year ago •via X (Twitter)

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11 Comments

Justin Smitty Smith1 year ago

Kevin, no one cares about your watches brah

Nigam Arora1 year ago

HOW MUCH WEALTH COULD YOU GENERATE IF YOU COULD FOLLOW THE MOST ACCURATE STOCK MARKET ANALYSIS? Over 100 million page views of Arora Calls. Unique proven ZYX method.

Mad Hatler1 year ago

Couldn’t you just fly to Switzerland and buy the watches 😅

Mike Arnold, Liar Hunter, Lawyer, Storyteller1 year ago

@MGirl60 Luxury items should be more expensive.

TRM MAGA1 year ago

I am trying to figure out your pink flip flops and your blanket dress.

Tesla 𝕏1 year ago

Finally, some good tariff news - my Swiss watches just doubled in value!

307official1 year ago

I believe you are hitting on an important element of America’s cultural power. If a Swiss brand isolates itself to the Asian market in response to the current tariff situation and Americans cannot purchase that brand at all, they will cease to talk about it and diminish its appeal as a brand globally. That may not always be the case, but it is currently. Rolex and Omega are the only ones insulated from this.

Iyan Velji1 year ago

Give us a few weeks to work this out. 😂

Card Shark1 year ago

I appreciate your fascination with finely crafted watches. However, this might not be the best post for X right now. Many Gen Z and Millennials are fairly pissed off.

SkySnark1 year ago

The type who worries about whether or not they can get that new rolex this year, is not the type the current actions are intended to assuage. Please don’t misunderstand. I generally enjoy your commentary very much. And even here the point is understood and applicable despite my opine on the anecdote used.

The Emperor of Man1 year ago

"If you're a watchmaker like, Rolex, Patek, or AP, the demand for your watches worldwide far exceeds your ability to manufacture them." Lol, idiot. This is engineered scarcity, like Hermez handbags.

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