EU-US tariffs: a 15% compromise, but luxury goods, cosmetics, and wine remains unclear Europe The framework agreement reached on July 27 between Trump and von der Leyen imposes tariffs of 15% on European exports. While aerospace and spirits are expected to be exempt, the extra costs for pharmaceuticals, wines, cosmetics and luxury goods is unclear. In return, the EU committed to massive investment in America and increasing imports from the U.S.A.
Faced with customs duties, free delivery is on the decline in the U.S.A Americas In order to offset additional costs associated with customs duties (10% for most countries and 30% for China), U.S. retailers are beginning to tighten delivery policies.…
Free Customs duties: Shein and Temu raise prices Asia In the United States, in response to Donald Trump’s decision to raise customs duties to 145% on Chinese imports and end the de minimis rule from May 2,…
Entretien Cédric Rossi, Bryan Garnier & Co: “We should not expect a massive wave of relocation due to U.S. tariffs” Americas Interviews Faced with the threat of tariffs of 25% levied by Donald Trump and 200% on wines and champagne, will European retailers reassess their relocation? Interview with Cédric Rossi, Retail and Luxury Consultant at Bryan Garnier & Co.
CMA CGM puts US$20 billion on the table to strengthen U.S.A. position Americas While additional customs duties are being confirmed (increase of 10% on Chinese products, which came into force at the beginning of February) or remain,…