Switzerland taxes imports with 8.1%;
good, but rather basic and neither luxury nor much compared to the United Kingdom, which taxes imports with a rock-solid 20% and so makes luxury really luxurious;
just the European Union creates even a tick more luxury for its citizens with a slightly higher tax-rate of 21% for imports -- like an important EU-bureaucrat in charge mentioned in a private talk three weeks ago: "We are global leader and almost alone luxurizing any and even normal products at the most advantageous rate of more than 20%."; ... correct, but not alone anymore, since last week.

the United States' new tax-rate for imports of Swiss goods of 39% made it the undisputed leader of the free and western world again: products that left the sellers warehouse as a normal good at a market-price arrive at the buyers door price-inflated to an unaffordable luxury item -- Adam Smith' "invisible hand" at work; never before luxury was more luxurious.

And so, now lets see where we are in six months: more US visits to Switzerland -- eventually it is a tourism-booster --, more shipping to HongKong or other 3rd-parties or globally rising prices or even an exit of the US-market? We dont know it yet and the future remains exciting and uncertain, for sure.

See the original post here: *klikk.