Global Luxury Market to Decline in 2025 | Trump’s Tariffs Could Add More Pressure

The global luxury goods market is expected to experience a downturn in 2025, with economic uncertainty and shifting consumer trends impacting high-end products. President-elect Trump’s proposed tariffs could further strain luxury imports, presenting additional challenges. In this video, we discuss:

– Market Forecast: Why the luxury sector is predicted to shrink
– Impact of Tariffs: How Trump’s policies may affect luxury imports
– Future Outlook: Potential outcomes for luxury brands and investors

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