French luxury giant Hermes to hike US prices from May 1 to offset Trump’s 10pc tariffs on global imports

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PARIS, April 17 — French luxury group Hermes said yesterday it would hike its prices in the United States to offset the...

Trump imposed a 10 percent tariff on imports from around the world this month, but he delayed higher duties on dozens of other countries, including a 20 percent levy for goods from the European Union.

US sales were disrupted by wildfires in Los Angeles, which forced the closure of two shops for several days, and snow storms in other states.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaBrazilCanadaMexicoSingaporeUnited States

Topics: Luxury goods Hermes US tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 16:05:51 (2 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 284 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 27961876

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About Malay Mail

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Official Website: malaymail.com

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