Will the US-EU Tariff Worsen the Luxury Slowdown?

SummaryA new US-EU trade deal imposes a 15% tariff on European goods, further straining the luxury fashion industry already facing a significant global slowdown and disappointing earnings reports from major groups like LVMH and Kering.Luxury brands, including Louis Vuitton and Hermès, have raised prices to offset losses, though some, like Chanel, have rolled back hikes after sales dropped, as LVMH's Bernard Arnault actively engages with US President Trump on trade.On Sunday, US President Donald...