Europe, Donald Trump
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LVMH shareholders have endured a torrid 2025 so far, with the French luxury group's stock market value sinking by a quarter over the last six months alone.
European firms called on trade negotiators to redouble efforts to strike a deal with Washington after U.S. President Donald Trump threatened a 30% tariff on EU imports from August, with no mention of hoped-for special treatment for cars or spirits.
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Explícame on MSNProtectionism or Danger? Trump's Tariff Strategy and the Debate over its Real ImpactThis policy has sparked intense debate, raising the question of whether it is a calculated protectionist strategy to revitalize domestic industry or a dangerous path towards global economic instability.
LVMH named Michael Burke to head its Americas operations, bringing back an old-time fixer to take on some of the biggest challenges the group has faced in the region.