Trump considers lowering tariffs on Swiss watches, Swiss watch stocks soar in response.

Stock prices of Swiss watch manufacturers are climbing, following Trump's statement that he is considering lowering tariffs on Switzerland. Trump said: "I didn't say any numbers, but we are going to try and figure something out so that we can help Switzerland, we have hit them very hard. We want Switzerland to be successful." Currently, goods imported from Switzerland into the US are subject to a 39% tariff. Shares of Richemont Group and Swatch Group have risen by 2.1% and 4.9% respectively. The stock price of a Swiss watch company listed in London has increased by 5.6%.