[A] CNN poll published Wednesday showed that one in five people who voted for Trump in 2024 disapproved of how the 78-year-old has implemented his tariff plan, as did 24 percent of Republican-leaning voters.
Bernard Arnault, owner (48.6% of shares, 64.33% of votes) of LVMH Moët Hennessy Louis Vuitton SE and probably Europe’s richest man considers himself a friend of the temper tanTrump in the White House. Here you see them both during the inauguration of a Louis Vuitton plant in Texas in 2019, in font of the right flags and with some employees applauding:
The Handelsblatt (German link) writes about how the relation between the two is no longer what is used to be:
[In 2019] Trump was asked why he was planning punitive tariffs on wine and cheese from France, but not on LVMH’s product range. In his answer at the time, the President referred to Arnault: “He was so nice to me. And I can’t impose tariffs on him because he moved to the USA.” Now Trump obviously sees things differently.
After his return to the White House, however, the America First president is no longer taking his old friend from France into consideration. Trump has announced punitive tariffs of 200% on “wine, champagne and alcoholic products from France and other EU countries”.
With champagne brands such as Moët & Chandon, Dom Pérignon and Veuve Clicquot, industry giant LVMH has been hit particularly hard by the latest escalation in the transatlantic trade conflict.
Lazily translated with DeepL.com (free version) and not even proof read and corrected. Good enough.
I disagree. trump has thrown many of his fellow rattlesnakes under the bus.
New flag for the MAGA crowd:
DON’T TREAD ON ME
(Unless you’re President trump doing something that will hurt me, but only because it’s absolutely necessary for some reason. In that case, bring on the tire treads!)
Friend huh? Perhaps an Epstein acquaintance? He didn’t notice Orangeman was a complete conman, serial sex abuser, serial bankruptcy loser… So Arnault I suspect is a bit of a sucker for a con and not the business genius others suppose. And now, the face eating part of the leopard story. No tears shed.
Canda, China and Europe plan their retaliatory tariffs so they will hit MAGATs the most:
The retaliatory tariffs are an attempt to put pressure on the president to relent. And they have been carefully designed to hit Mr. Trump where it hurts: Nearly 8 million Americans work in industries targeted by the levies and the majority are Trump voters, a New York Times analysis shows.
As the article correctly points out, farmers may lose their overseas corn markets, just as they lost their soybean markets under Trump 45. But they won’t suffer, because the subsidies will once again be raised.