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European luxury brands face US import tariffs under new trade pact

July 29, 2025

Louis Vuitton is the latest luxury giant to raise its prices in 2022, following Dior and Hermès. But will Chinese consumers keep buying? Image credit: Shutterstock Courting luxury’s top spenders will become an indispensable skill during this stretch. Image credit: Shutterstock

 

Luxury houses operating out of Europe are adjusting to a new normal.

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