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Fortune
Fortune
Prarthana Prakash

Europe’s richest man Bernard Arnault slammed the EU for failing U.S. negotiations—but von der Leyen says countries are 'lining up to work with us'

Bernard Arnault and Donald Trump pictured in 2017. (Credit: Albin Lohr-Jones/Pool via Bloomberg)

Bernard Arnault, Europe’s richest man and the CEO of luxury empire LVMH, is furious with how the European Union managed its trade ties with the U.S. 

He made that sufficiently clear at LVMH’s annual shareholder meeting late last week, warning that the company behind Christian Dior and Tag Heuer might nearshore its operations to the U.S. in the event of a trade war.

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