Luxury Giant Arnault Urges Europe to Seek Compromise in US Trade Negotiations

Bernard Arnault, CEO of luxury conglomerate LVMH, has urged the European Union to forge a more conciliatory approach in its trade negotiations with the United States. Speaking before French lawmakers this week, Arnault emphasized the potential economic consequences for European industries, citing escalating tariff policies imposed by President Trump as the main catalyst for concern. He expressed the urgent need for improved diplomatic relations with the US, arguing that swift progress on trade talks is crucial for the well-being of European markets and businesses.