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LVMH Calls for EU Concessions as EU-US Trade Talks Clogged
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Bernard Arnault, CEO and Chairman of LVMH, remarked on Wednesday that the discussions between the EU and the US regarding tariff trade agreements are not progressing smoothly, foreign news outlet reported. Arnault considered that the EU should make concessions and soften its stance towards the US. After LVMH's 1Q revenue missed expectations, the company warned analysts that market demand remained meager, and its 2Q results may not recover from the previous quarter. AASTOCKS Financial News Website: www.aastocks.com |
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