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Headlines

Europe must make concessions to Trump in trade talks, LVMH's Arnault says

Published by Global Banking & Finance Review

Posted on May 21, 2025

1 min read

· Last updated: January 23, 2026

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Europe must make concessions to Trump in trade talks, LVMH's Arnault says

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PARIS (Reuters) -The European Union must step up its efforts to ease trade tensions with the administration of U.S. President Donald Trump to negotiate a trade deal and protect European jobs, LVMH CEO

Europe must make concessions to Trump in trade talks, LVMH's Arnault

"For now, I am under the impression it's not going well," Arnault told French senators during a parliamentary hearing, adding that in his view, the European Union needed to offer concessions and soften its stance towards Washington.

(Reporting by Tassilo Hummel, editing by Mimosa Spencer)

Key Takeaways

LVMH's Arnault suggests EU concessions to Trump.
Trade talks aim to ease tensions and protect jobs.
Arnault expresses concern over current negotiations.
EU urged to soften stance towards Washington.
Importance of EU-US trade relations highlighted.

Frequently Asked Questions

What does Arnault believe about the current trade talks?

Arnault expressed that he is under the impression that the trade talks are not going well.

What does Arnault suggest the EU should do?

He suggests that the European Union needs to offer concessions to ease trade tensions with the Trump administration.

Why are trade negotiations important according to Arnault?

Arnault believes that negotiating a trade deal is essential to protect European jobs.

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Europe must make concessions to Trump in trade talks, LVMH's Arnault says

Europe must make concessions to Trump in trade talks, LVMH's Arnault

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