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Oct. 30, 2020
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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. Cartier examines its inspirations in digital journey
  2. Day’s wrap: LVMH, Tiffany & Co., London Fashion Week, Cartier and Rebag
  3. Jaguar designers share how COVID-19 has shaped their philosophies
  4. Cartier builds on efforts to preserve biodiversity
  5. Millionaires are fueling the luxury property market in new ways: Coldwell Banker
  6. Tiffany & Co., LVMH agree to discounted acquisition deal
  7. Rebag moves into watches, jewelry space as secondhand grows
  8. TCS World Travel launches private vacation rental services
  9. ArtLife advances online art movement with new mobile app
  10. Pandemic disruption will create trust issues for customers into 2021
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