Luxury Stocks Hit by U.S. Tariff Threat [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Yahoo! Finance
European nations with tariffs if his demands are not met about acquiring Greenland. At 11:30 a.m. CET, LVMH Moët Hennessy Louis Vuitton stock was trading down 4 percent, while Compagnie Financière Richemont declined 3.5 percent and Hermès International had sunk 3.1 percent. Kering stock had softened by 2.7 percent and Burberry was down 2.7 percent. More from WWD Got Shoes on the Brain? Honor Your Passion With the 45th Edition of 'Shoes A-Z' - How to Buy the Bestselling Book Online EXCLUSIVE: Women's Specialty Chain Francesca's Closing Its Doors Etro Unveils the Interiors of Its Residential Project in Thailand Trump said on social media Saturday that there would be 10 percent tariffs on eight European countries – including Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland – starting Feb. 1, which would climb to 25 percent on June 1 if no deal is reached. Trump previously made an offer to buy Greenland in 2019, during his first presi
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