I recently joined The Luxury Lowdown Act: How the U.S. and China by Vogue Business, hosted by Maliha Shoaib and Hilary Milnes As global trade tensions ease and consumer confidence begins to recover, the luxury industry is entering a new phase of recalibration. Experts unpacked how brands are adapting to a shifting trade landscape especially across the United States and China, the two most influential markets for luxury today. A More Stable Trade Climate After years of uncertainty, tariff relief in China is giving brands breathing room to plan ahead. While smaller labels remain cautious about cost exposure, major houses like LVMH, Kering, and Hermès…