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Apr 2025
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Gucci, Birkin, Nike… in the bargain bin: After Trump’s tariffs, China threatens to flood the market with luxury goods at rock-bottom prices

Beijing warns companies like Hermès, Dior, Louis Vuitton, Chanel, Ferragamo, Ralph Lauren, Tom Ford, Jimmy Choo, and others that if they leave, Chinese factories — which produce the originals — will flood the markets with luxury goods at production cost

Trump Tariffs: Toilet paper, makeup, and tobacco among U.S. products the EU will target if talks collapse

More than 400 products are on the EU’s retaliatory list if talks with the U.S. fail – “We expect additional commitments from Washington,” says the European Commission

Commission on tariffs: If talks are unsatisfactory, countermeasures will be implemented

EU Trade Commissioner in the US for Negotiations with the American Government

Financial Times: The European Commission fears espionage – EU officials in the US equipped with ‘burner phones’ and secure laptops

“The fear is that the US could infiltrate the Commission’s systems,” an official stated – The Commission confirmed that security guidelines have recently been revised, without providing further details

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