USA BEAUTY INDUSTRY HIT BY TRADE WAR WITH CHINA
May 1st, 2019
THE USA’s Personal Care Products Council (PCPC) has spoken out against the American government’s increase of additional duties from 10% to 25% on imports of beauty items that are manufactured in China. With these higher rates of duties coming into force on May 10, and covering a wide range of products, prices charged by US personal care product brands sourcing from China are set to rise. The USA imported USD992 million’s worth of cosmetics, skincare and sunscreen products from China last year (2018) and USD581 million’s worth of all kinds of soap, ...
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