Statement by Francine Lamoriello, EVP, Global Strategies, Personal Care Products Council on the Impact of Reciprocal Tariffs on the Cosmetics and Personal Care Products Industry

Personal Care Products Council / Newsroom / Statement by Francine Lamoriello, EVP, Global Strategies, Personal Care Products Council on the Impact of Reciprocal Tariffs on the Cosmetics and Personal Care Products Industry
Statement Global Update

Statement by Francine Lamoriello, EVP, Global Strategies, Personal Care Products Council on the Impact of Reciprocal Tariffs on the Cosmetics and Personal Care Products Industry

April 3, 2025

FOR IMMEDIATE RELEASE 

CONTACTS:      

Tesia Williams (202) 297-1232 [email protected]
Team [email protected] 

 

Statement by Francine Lamoriello, EVP, Global Strategies, Personal Care Products Council on the Impact of Reciprocal Tariffs on the Cosmetics and Personal Care Products Industry

WASHINGTON, D.C. —  Access to global markets is critical to our industry’s success and our ability to invest in U.S. manufacturing and highly skilled jobs. We believe this can be best achieved by a combination of approaches that address the underlying factors leading to trade distortions and expanding export and investment opportunities that strengthen the ability of our members to compete around the world.

We are concerned about trade policies that could result in higher prices for personal care products and impact our industry’s growth and global competitiveness. The cosmetics and personal care products industry is a key driver of the U.S. economy, with over $68 billion in U.S. manufacturing and 4.6 million U.S. jobs. Our industry directly contributes over $300 billion to our nation’s GDP, and our products are essential to the daily lives of all U.S. residents, with millions of consumers using about six to 12 products each day, including sunscreen, toothpaste, shampoo, moisturizer and fragrance.

We maintain our support for balanced trade policy approaches that would create U.S. jobs and strengthen critical global market opportunities for our member companies and continue to work diligently to inform the Administration and Congress of the impact of U.S. trade policies on our industry, U.S. investments and consumers.

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