The Impact of the US-China Tariff War on the Cosmetics Industry and Coping Strategies
The US-China tariff war has significantly disrupted the global cosmetics industry, which relies on intricate supply chains and large consumer markets. The tariff war has imposed heavy cost pressures. Chinese cosmetics exporters to the US face a 34% or higher tariff increase, escalating manufacturing costs. Many small and medium-sized firms struggle to absorb these, risking […]
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