French luxury stocks drop as Trump threatens heavy new tariffs

[tacobell fan]

• Shares of French luxury companies fell after the U.S. announced it may place heavy tariffs on several goods.
• Under the new tariffs, which may begin in late January, the U.S. Trade Representative could add levies up to 100% on around $2.4 billion imports from France.
• The French stocks dropping included the owners of Louis Vuitton, Hennessy, Hermes, Christian Dior, Gucci, Yves Saint Laurent and Balenciaga.

[xano917]

Just now, tacobell fan said:

• Shares of French luxury companies fell after the U.S. announced it may place heavy tariffs on several goods.
• Under the new tariffs, which may begin in late January, the U.S. Trade Representative could add levies up to 100% on around $2.4 billion imports from France.
• The French stocks dropping included the owners of Louis Vuitton, Hennessy, Hermes, Christian Dior, Gucci, Yves Saint Laurent and Balenciaga.

buy the dip