Whatever your opinion on the tariffs, it looks like the watch-specific tariff may have been incorrectly applied here. The harmonized tariff schedule for 9102.21.70 has 3 suffixes - 10 is for the movement, 20 is for the case, and 30 is for the bracelet - and it looks like they only applied the most expensive part to yours.
The full 9102.21.70 reads:
It looks like they charged you the full 9.8% of the bracelet tariff on the entire watch. My understanding is that it should have been $1.53 for the entire watch + $46.91 (4.2% of $1117) for the case, and a relative pittance for the bracelet/band (plus the 10% on the total value of the goods that's in effect until 7/24/26).