US President Trump announces 10% tariff on UK watch imports
What does it mean exactly?
This means that US customers buying Wryst timepieces will see an average tax increase of only 4.1% across the 50 states.
British and American government representatives have made significant progress toward finalizing a commercial agreement. While the primary focus is on technological trade, the arrangement encompasses other economic areas and aims to lower import taxes.
When will this new tariff take place?
Both sides recognize that concluding and making the deal official could still require considerable time, potentially spanning several weeks or even months.
What will change compared to today's tariffs?
Previously, the tax rate for watches imported from the United Kingdom into the US varied for each state, on average, between 5.8% and 7.1%.
This should not stop our customers from the United States from purchasing a striking new timepiece from the watch brand Wryst.
10% is now the tax rate you can expect from any state in America. Our world-leading courier, DHL Express, will collect this tax directly.
DHL offers one of the best delivery services worldwide and is fast. For the United States, you can expect to receive your watch sent from the United Kingdom in 1 to 2 days maximum.
Buyers will now pay a consistent, slightly higher tariff nationwide, simplifying the purchasing process. This change eliminates the previous state-by-state variations, providing clarity and predictability for US customers.
How is the tax calculated from the UK to the US?
While creating the shipment with DHL, Wryst electronically adds the commercial invoice for your purchase. DHL services will then take over the customs clearance and contact you to settle the duty tax imposed by the American authorities.
The tax is calculated as a percentage of the watch's declared value on the purchase invoice. This value is determined by the purchase price of the watch, ensuring the tax is directly proportional to the item's worth.
They will then take your payment over the phone if you can do it straight away, or you can pay online on the DHL website directly with the details of your tracking number and the email you received for this shipment.
You are then all done. The next thing you know, the delivery man will arrive at your door and deliver your beautiful Swiss movement watch, Wryst.