EU Faces Warning from Beauty Industry Over Proposed Cosmetics Tariffs

Beauty Industry Concern

The European beauty industry is raising alarms over potential tariffs on cosmetics. These tariffs could significantly affect the market. Industry leaders claim that imposing such duties would harm trade relations, especially in a time of economic uncertainty.

Cosmetics Tariffs Impact

The broader European beauty sector remains vulnerable if tariffs are levied in a trade war with the US. Experts warn that this could lead to increased prices for consumers and reduced options in the market.