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Hermès to raise US prices following Trump’s tariffs

  • Hermès will increase its U.S. Prices starting in May to counter President Donald Trump's tariffs.
  • The price increase will affect all Hermès business lines in the United States.
  • The increase aims to 'fully offset' the impact of a universal 10% tariff that began in early April.
  • Hermès previously indicated potential price hikes related to tariffs in February.
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New York Magazine broke the news in New York, United States on Tuesday, April 15, 2025.
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