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Hermès and Dior goods will be safe from China’s trade retaliation

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So far, moves by China in the ongoing trade spat with the EU have targeted brandy, pork, and dairy, all of which are major industries for France.

European luxury shares have slid on investor concerns that Hermès handbags and Dior slingbacks may be Beijing’s next targets for retaliation, following the EU’s decision to slap tariffs on China EVs, but analysts say such a move is unlikely.