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Government

Franco-American tussle over taxes adds wrinkle for luxury recovery

July 14, 2020

Louis Vuitton handbags are subject to a new tariff in the United States. Image credit: LVMH Louis Vuitton handbags are subject to a new tariff in the United States. Image credit: LVMH

 

By Dianna Dilworth

The United States has announced plans to add an import tax to French beauty and luxury goods as part of its ongoing disagreement with France after the Gallic nation threatened U.S. tech companies with a digital services levy. The timing could not be worse.

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  1. Dior builds five-story statement flagship in Beijing
  2. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  3. Happy Holidays!
  4. Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam
  5. Louis Vuitton shares names of final Watch Prize contestants, jury members
  6. Harrods announces key leadership appointment
  7. Audi propels Santa into the future with electric sleigh
  8. Exclusive Resorts purchases Inspirato for $59M
  9. Ruinart reveals annual Carte Blanche creative collaboration
  10. Kering to acquire jewelry manufacturer Raselli Franco Group
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Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
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