Cosmetics Industry, Consumers Will Lose Under Latest Tariff Proposal In US-China Feud
The Personal Care Products Council says US-proposed tariffs on an additional $200bn of Chinese products, including a wide range of cosmetics and vital materials, will undermine American companies’ competitiveness and pass costs along to consumers. The group’s Executive VP-Global Strategies Francine Lamoriello testified on the matter in an Aug. 23 public hearing held by the US Trade Representative.