Europe’s wealthiest billionaire Bernard Arnault hopes to use his ‘modest means’ to convince the EU to negotiate better with the U.S.

Quick Summary:

LVMH CEO Bernard Arnault said EU-U.S.talks on tariffs need to be pursued "with the aim to succeed.

Arnault previously hinted at expanding production in the U.S.before, but LVMH has only a handful of factories across the group’s 75 brands.

The region has been firm about cracking a fair, rather than lopsided, deal with one of its biggest trade partners.

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Article Details

Author / Journalist: Prarthana Prakash

Category: EconomyBusiness

Markets: United States

Topics: Tariffs LVMH Featured Donald Trump Bernard Arnault Editor's Picks Fortune 500 Europe Louis Vuitton Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-22 @ 10:39:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 5 lines

Sentence Length: 114 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28904305

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