U.S. 145% Tariff Hike on China Jolts Domestic Cosmetics Market
Recently, the U.S. move to impose a 145% tariff on Chinese goods exported to the United States has significantly impacted the domestic cosmetics market, drawing widespread attention from all sectors.https://www.hrdautomaticequ.com/news/
Automatic Box Unfolding, Folding, Loading and Sealing Machine: Boosting Production Efficiency and Significantly Saving Labor Costs
In the fierce competition of modern manufacturing, how to enhance production efficiency and reduce costs has become the focus of attention for enterprises. The emergence of automatic box folding, loading and sealing machines has brought brand-new solutions to numerous industries.https://www.hrdautomaticequ.com/news/
US Tariff Hikes Put Global Cosmetics Manufacturing under Pressure
On April 2, 2025, US President Trump announced "reciprocal tariffs" on all US trading partners. Goods from over 180 countries and regions entering the US will be subject to a tariff of at least 10%, which took effect on April 5. In addition, higher tariffs will be imposed on countries and regions with the largest trade deficits with the US. Under this policy, the US cosmetics industry and even the global cosmetics manufacturing industry have been greatly impacted.https://www.hrdautomaticequ.com/news/