LVMH Stuck In The Middle of the Trump-Macron Digital Tax Spat July 30, 2019 President Donald Trump has threatened President Emmanuel Macron that he is “going to tax your wine” if France proceeds with its digital services tax. Action is unlikely in the short-term given the section 301 review underpinning the threat is still at the consultative stage through mid August.... Read more →
Panjiva Daily: Cracking the Asian supply chains code; Signify’s signs of slowing July 30, 2019 Corporate reactions to the U.S.-China trade war are leading to accelerated changes to Asian supply chains – we provide a code-based approach to analyzing the developments. Signify’s U.S. lightbulb imports fell ahead of disappointing revenue figures. Also: LVMH is stuck in the middle of t... Read more →
New Tariff War Could Choke Off LVMH, Oetker Wine Supplies to U.S. April 10, 2019 U.S. government plans to apply retaliatory duties against EU exports in response to subsidies for Airbus could have a marked impact on European beverages industry. The EU exported $7.14 billion of wine, brandy and other spirits that have been targeted for duties to the U.S. in 2018. Still wine... Read more →