Europe must make concessions to Trump in trade talks, LVMH’s Arnault says

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Europe must make concessions to Trump in trade talks, LVMH’s Arnault says

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during the annual shareholders meeting of LVMH Moet Hennessy Louis Vuitton in Paris, France, April 17, 2025.

Gonzalo Fuentes | Reuters

The European Union must soften its stance toward U.S. President 

This is the hidden content, please

• Sign In
• or
• Sign Up

 trade demands and negotiate a deal to avoid 

This is the hidden content, please

• Sign In
• or
• Sign Up

 and protect European jobs, LVMH CEO and Chairman Bernard Arnault said on Wednesday.

Talks between Brussels and Washington should be handled “with the aim to succeed and therefore with reciprocal concessions,” Arnault said. “For now, I am under the impression it’s not going well.”

Speaking to French senators during a parliamentary hearing, Arnault said he was actively lobbying to avoid tariffs, citing his group’s

This is the hidden content, please

• Sign In
• or
• Sign Up

as particularly impacted by the trade tensions.

“You see what the British have done, they have negotiated very well. Using my modest means and contacts, I hope I will manage to convince Europe to adopt a similarly constructive attitude”, Arnault said.

This is the hidden content, please

• Sign In
• or
• Sign Up

 earlier this month struck a deal that would improve 

This is the hidden content, please

• Sign In
• or
• Sign Up

, rather than pursuing a wider agreement.

Arnault did not comment further when asked by lawmakers about his direct talks with Trump and a recent visit to the White House.

The United States is LVMH’s most important market, accounting for 25% of annual sales.

This is the hidden content, please

• Sign In
• or
• Sign Up

#Europe #concessions #Trump #trade #talks #LVMHs #Arnault

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up

For verified travel tips and real support, visit: https://hopzone.eu/