第一财经·2025-05-24 00:07Group 1 - The article discusses the potential imposition of a 50% tariff on EU products by the U.S. starting June 1, as suggested by President Trump, citing unfair trade practices by the EU [1] - The EU has not yet commented on this new threat and is awaiting discussions between EU trade officials and U.S. representatives [1] - Following the announcement, European stock markets fell sharply, with major indices in the UK and Germany dropping over 1.5%, and luxury goods stocks like LVMH and Hermès declining more than 3% [1] Group 2 - The European luxury goods industry, which includes products like handbags and fashion, is highly sensitive to overseas markets, with the U.S. being a key growth area for the sector this year [2] - France and Italy are the largest exporters of luxury goods to the U.S., with the French luxury sector employing over 600,000 people [2] - Bernard Arnault, chairman of LVMH, emphasized the need for the EU to soften its stance on U.S. trade demands to avoid high tariffs and protect European jobs, as the U.S. market accounts for 25% of LVMH's annual sales [2] - Industry experts indicate that establishing manufacturing facilities in the U.S. to circumvent tariffs is currently impractical due to a lack of skilled labor and expertise [2] - A recent S&P report highlighted that the luxury goods sector is one of the most affected by U.S. tariffs, suggesting that price adjustments may be the primary method for companies to mitigate tariff impacts, although some brands may have limited pricing power due to consumer purchasing capacity [2]