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 readLast updated: January 23, 2026
Quick Summary
LVMH's Bernard Arnault urges the EU to make concessions in trade talks with Trump to ease tensions and protect European jobs.
Europe must make concessions to Trump in trade talks, LVMH's Arnault
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 and chairman Bernard Arnault said on Wednesday.
"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 about Europe must make concessions to Trump in trade talks, LVMH's Arnault says
1What does Arnault believe about the current trade talks?
Arnault expressed that he is under the impression that the trade talks are not going well.
2What 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.
3Why are trade negotiations important according to Arnault?
Arnault believes that negotiating a trade deal is essential to protect European jobs.
