Statement by Francine Lamoriello, EVP, Global Strategies, Personal Care Products Council on the Impact of Increased Tariffs on Chinese Imports
FOR IMMEDIATE RELEASE
Washington, D.C. – “The Office of the U.S. Trade Representative (USTR) announced today its intention to increase tariffs from 10 to 25 percent on additional imported products from China beginning Friday, May 10, 2019. The Personal Care Products Council (PCPC) and its member companies remain strongly opposed to this and any other policies that result in increased tariffs on cosmetics and personal care products.
“Free trade and open markets help U.S. companies compete globally by providing innovative products to consumers around the world. These actions against China not only undermine the long-term competitiveness of our industry but directly impact U.S. consumers as well.
“We urge the Administration to resolve outstanding trade issues through ongoing dialogue with the Chinese Government and to dismantle increased tariffs.”
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.