
Luxury Fashion Brands Are ‘Biting Their Nails’ Over EU Tariffs
Follow live updates on Trump tariffs and the global markets. A mere month ago, luxury businesses were looking forward to a new era of deregulation, lower taxes and a booming stock market — and dreaming of well-heeled buyers splurging on opulent ball gowns and statement watches. Instead, as the Trump administration imposes 20 percent tariffs…