Economics

New Trump Tariffs May Soon Hit European Luxury Exports

  • Makers of European brands girding for U.S. retaliatory tariffs
  • WTO to soon authorize duties stemming from Boeing-Airbus feud
Photographer: Balint Porneczi/Bloomberg
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Some of Europe’s top luxury brands are targeted in President Donald Trump’s latest tariff salvo, which could affect billions of dollars in exports of American-bound whiskeys, wine, Champagne, handbags and men’s suits.