Statement by Francine Lamoriello, EVP, Global Strategies, Personal Care Products Council in Support of the Lifted Metals Tariffs for Canada, Mexico
FOR IMMEDIATE RELEASE
Washington, D.C. – “The United States has reached an agreement with Canada and Mexico to remove the Administration’s tariffs on steel and aluminum imports, a major hindrance to approval of the U.S.-Mexico-Canada Agreement (USMCA).
“We are very pleased with this decision, and hopeful that this deal will help to expedite the passage of USMCA. Our priority is to help preserve and strengthen the benefits of North American trade for American workers, businesses, and consumers alike.
“The Agreement, signed by all three countries on November 30, 2018, successfully renegotiates the North American Free Trade Agreement (NAFTA), bringing North American trade into the 21st century with provisions on digital trade, agriculture, labor, and the environment, among many others. Of particular note is the high standard Cosmetics Annex, which aligns best regulatory practices for the personal care sector, and will result in significant cost savings for exporters.”
For more information on cosmetics and personal care products, please visit www.CosmeticsInfo.org.
Based in Washington, D.C., the Personal Care Products Council (PCPC) is the leading national trade association representing global cosmetics and personal care products companies. Founded in 1894, PCPC’s approximately 600 member companies manufacture, distribute and supply the vast majority of finished personal care products marketed in the U.S. As the makers of a diverse range of products millions of consumers rely on and trust every day – from sunscreens, toothpaste and shampoo to moisturizer, lipstick and fragrance – personal care products companies are global leaders committed to product safety, quality and innovation.