# Professor Thomai Serdari shares her reactions to the recent announcement by the United States to add an import tax to French beauty and luxury goods

1 Faculty News July 14, 2020 ![Luxury Daily logo](/sites/default/files/styles/246w/public/assets/images/con_032369.jpg?itok=BZ74qERg)>

Excerpt from [Luxury Daily](https://www.luxurydaily.com/us-to-impose-25-tax-on-french-luxury-goods/) -- "'Some of the capital that would have been spent on French brands may now shift to Italian brands,' Ms. [Serdari](https://www.stern.nyu.edu/faculty/bio/Thomai%20Serdari) said. 'There are a few contenders in that group, specifically Prada, Bottega Veneta and Dolce & Gabbana, for example.'"

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