full blown trade war

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complete with state sponsored propaganda…

you may have seen recently on tiktok, Chinese OEMs are outing luxury western brands for fashion goods like Birkin, Hermes, LV, etc. that up to 80% of goods are made in China before shipping back to Europe for finishing and packaging.

and now they're saying Swiss watches are no exception specifically swatch group. Rumors have been floating around for awhile that some parts are sourced from China, with final assembly in Switzerland. Given that only…

full blown trade war

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