“This shows two commitments: One, the commitment of LVMH to the American market, and two, the commitment of President Trump to the American worker,” WWD notes Arnault said. “I have always been close to the U.S. since the beginning of the Eighties when I lived here. You remember that France, a beautiful country, was becoming a little bit socialist at the time, and so I tried to find a country where business was welcome. So I lived here in New York, and that’s where I learned to do business in the American way, the efficient way,” Arnault continued.