Why Trump helped open a Louis Vuitton workshop in rural Texas - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Why Trump helped open a Louis Vuitton workshop in rural Texas

President Donald Trump appeared alongside one of his allies in the luxury world to help open a Louis Vuitton workshop in rural Texas.

Bernard Arnault, the CEO of Louis Vuitton's parent company LVMH, is a French billionaire who is the third richest person in the world and has had business interests wrapped up with Trump's presidency before. The workshop could also help shield Louis Vuitton from future trade battles between the US and the European Union, making the rollout a win-win for the company and the Trump administration. President Donald Trump's attendance at the opening of a Louis Vuitton workshop in rural Texas may seem like a fairly random agenda item, but the move placed Trump alongside one of his longtime major allies from the fashion world.

The name of the ranch seemed particularly significant for the brand and its new neighbors as the site was named after the French general who aided the colonies in the American Revolution in melding French and American culture.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So let me get this right, the CEO is the 3rd richest man in the world and he’s paying his workers $13/hr- - my math might be fuzzy but the workers can’t even Afford to buy the products they are expected to sell. And of course realDonaldTrump who pays No One is right by his side

Tariffs

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines