Europe’s luxury players face a path-defining twist with Trump’s tariffs. But only a handful of them will suffer the worst impact

European luxury stocks fall out of fashion after tariffs, with luxury watch retailer hit particularly hard

As the President Trump’s 20% blanket tariff on all imports from the European Union into the US wreaks havoc on the stock market, one industry that’s fast becoming passé for investors is Europe’s luxury...

Europe’s luxury players face a path-defining twist with Trump’s tariffs. But only a handful of them will suffer the worst impact

President Donald Trump’s long-awaited (read: much-dreaded) tariffs have finally been announced, unlocking a new degree of uncertainty in global business. Europe, subject to a 20% blanket tariff, will now have to brace for the aftermath of these measures—as will its most alluring sector: luxury. Luxury has an outsized presence in Europe, with its brands accounting for at least 70% of the global luxury goods market and its exports worth €260 billi…

Trump’s tariffs are incoherent and destructive

The president's massive tariffs on countries all over the world will bring economic hardship to Americans.

Trump’s tariffs are just bizarre

They would restore manufacturing, force trade barriers to be taken down, and allow new industries to be created. There have been various different explanations for why President Trump’s new tariff regime made sense. And yet when they were finally revealed yesterday one point was clear. There was no logic. The tariffs were just weird. The

President Trump’s imposition of tariffs on an invisible scale in nearly a century is more than a shot in the arch to US trading partners. If they remain in place, import taxes will also launch an economic project of defiant nostalgia: an attempt to claim the place of the United States as a dominant manufacturing power. At the height of the post-war American Manufacturing boom, which lasted in the 1970s, nearly 20 million people once earned a liv…