Hermès, Kering, LVMH and more French companies adjust strategies amid U.S. tariff pressures
By AFP Translated by Nazia BIBI KEENOO Published April 26, 2025 French companies exposed to the U.S. market are taking action to manage rising tariffs, using price hikes, production shifts, and cost-cutting measures to protect their margins. Bernard Arnault and Donald Trump in 2017. – Photo de Nicholas Kamm / AFP Price hikes to absorb…