I think my wife can forget about a new handbag for her birthday.
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  Brace Yourselves – Hermes Announces Price Increase Due to Trump Tariffs, $50,000 Handbags Now $55,000

  April 17, 2025 | Sundance | 211 Comments

  Folks, I know this is going to be hard, but we must remain steadfast in bearing the burden of new tariffs for our essential items.  Hermes has announced they will pass along the cost of President Trump’s tariffs to consumers.

  Currently, Hermes branded purses ranging from $20,000 to $200,000 are purchased by a whopping 0.001% of Americans, yet 90% of wives for Wall Street hedge fund managers have them.

  Yes, this is going to be a painful price increase; however, it is our patriotic duty to withstand it.  We can survive it.

  NEW YORK – […] The Paris-based company — which manufactures the vast majority of its goods in France — will raise prices enough to offset any hit to growth from the current 10% tariff on the European Union, according to Eric du Halgouet, Hermes’ executive vice president of finance.

  If Hermes adds the 10% tax, US shoppers could pay an additional $2,000 on a lower-cost model, or an extra $20,000 on a $200,000 handbag. (read more)

  If you have any tips or advice on how to deal with increased emotional anxiety as a result of this horrific announcement, please provide your words of wisdom in the comments section.  If we lean on each other for support, we can get through this.

  “Reciprocity! The nerve of that man.”

  

   

  Posted in Economy, European Union, President Trump

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