Tariffs leave no escape: Hermès and OTB raise prices in the U.S.

Tariffs leave no escape: Hermès raises prices in the U.S. again, just as the OTB (Only The Brave) group assesses an 8% to 9% adjustment to neutralize the possible duty effect. The backlash of the trade war is afoot: U.S. consumers will have to spend more if they want to shop. No escape from duties…