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A TAG Heuer International SA limited edition Indy 500 Formula 1 Chronograph watch sits on display at the 2016 TimeCrafters luxury watch show in New York, U.S., on Friday, May 13, 2016. Swiss watch exports posted the biggest drop since 2009 in the first quarter, according to the Federation of the Swiss Watch Industry. Shipments to the U.S., the worlds second-largest market for Swiss watches, dropped 33 percent, while they fell 38 percent in Hong Kong, the No. 1 market. Photographer: Victor J. Blue/Bloomberg via Getty Images

A TAG Heuer International SA limited edition Indy 500 Formula 1 Chronograph watch sits on display at the 2016 TimeCrafters luxury watch show in New York, U.S., on Friday, May 13, 2016. Swiss watch exports posted the biggest drop since 2009 in the first quarter, according to the Federation of the Swiss Watch Industry. Shipments to the U.S., the worlds second-largest market for Swiss watches, dropped 33 percent, while they fell 38 percent in Hong Kong, the No. 1 market. Photographer: Victor J. Blue/Bloomberg via Getty Images