Tariffs Are Clouding Luxury’s Growth. Some Stocks Are Well Positioned.
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Luxury stocks have been caught up in the post-tariff market rout, as investors worry that the new trade order and resultant stock market selloff will dampen demand for premium goods. President Donald Trump unveiled a sweeping list of new tariffs last week that would affect imports coming from dozens of countries. European countries—where most luxury brands are based—got slapped with a 20% levy.
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