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FILE - In this Jan. 28, 2020 file photo, CEO of LVMH Bernard Arnault presents the group's 2019 results during a press conference, in Paris. The luxury goods giant is ending its takeover deal of luxury jewelry retailer Tiffany & Co., citing in part the threat of proposed U.S. tariffs on French goods. (AP Photo/Thibault Camus, File)

FILE - In this Jan. 28, 2020 file photo, CEO of LVMH Bernard Arnault presents the group's 2019 results during a press conference, in Paris. The luxury goods giant is ending its takeover deal of luxury jewelry retailer Tiffany & Co., citing in part the threat of proposed U.S. tariffs on French goods. (AP Photo/Thibault Camus, File)

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