Shares in European luxury companies tank as Trump recommends 50% tariff on EU goods

theglobeandmail.com/business/international-business/european-business/article-shares-in-european-luxury-companies-tank-as-trump-recommends-50-tariff

European luxury shares tanked on Friday as U.S. President Donald Trump said he is recommending a straight 50 per cent tariff on goods from the European Union starting on June 1.
Europe’s luxury industry, producing handbags, shoes, fashion items and champagne among other prized goods, is…

This story appeared on theglobeandmail.com, 2025-05-23 13:46:29.
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