'Made in the USA' is a tough promise for luxury brands to make

By Christina Gustafson for CNBC
"Standing in the lobby of New York City's Trump Tower last month, LVMH CEO Bernard Arnault told reporters that the Louis Vuitton brand will expand its manufacturing in the U.S., potentially setting up a factory in the Carolinas or Texas.

Yet even as President Donald Trump pressures other businesses to ramp up their American-based production, experts agree that the "Made in the USA" movement is unlikely to take hold in the luxury sector anytime soon."

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