US Trade Commission Affirms Potential TPP Benefits For Cosmetics Sector

In a report assessing the likely impact of the Trans-Pacific Partnership, the US International Trade Commission suggests the trade agreement will "level the playing field" for the US cosmetics industry, reducing or eliminating tariffs and providing companies with benefits already enjoyed by foreign firms under other regional pacts.

The US cosmetics industry would benefit from harmonized regulations, tariff relief and generally improved access to emerging markets under the Trans-Pacific Partnership, according to a new report from the US International Trade Commission.

Congress is expected to vote yea or nay to the controversial free-trade agreement during the

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