Wednesday, 8 March 2017
US Border Tax Adjustment Could Hardly Have Struck European Luxury Brands
At the beginning of the year, the European luxury products market showed signs of recovery: the Chinese market rebounded, the number of tourists traveled to Europe rose, and even Swiss watch exports in last December achieved the first growth since 18 month. However, the new US President Donald Trump proposed "Border Tax Adjustment", may be cast a shadow over the European luxury products market.
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