European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S. President Donald Trump, but analysts say some brands may have limited room to hike prices.

The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.

Concerns around trade tariffs likely drive some of this pessimism,” strategist Lilia Peytavin wrote in a note Friday, adding that tariff-sensitive sectors such as basic resou

The European Union has vowed to take firm and proportionate countermeasures in response to U.S. President Donald Trump’s imposition of tariffs on all steel and aluminum imports.

Here’s what you need to know about reciprocal tariffs and who might be impacted by Trump’s plan. Reciprocal tariffs refer to tariffs—the taxes charged on imported goods—the U.S. government plans to levy against global trading partners that are equal to the existing tariffs foreign countries have set against American goods.

We start week five of the Trump administration with the president having threatened five sets of wildly destructive tariffs (Colombia, China, Canada and Mexico, steel and aluminium and so-called “reciprocal”) and deferred all but one to some time in the next couple of months.

President Trump is at Mar-a-Lago for President's Day weekend. On Sunday, he will attend the Daytona 500. At the same time, his administration remains hard at work making significant changes to the federal government.