According to press reports and sectoral alerts, the European Union is expected to maintain retaliatory tariffs on U.S. products amid the ongoing trade dispute. The French cosmetics industry, represented by the Fédération des Entreprises de la Beauté, has requested a full exemption from these tariffs, citing rising losses and a disproportionate impact. The request aims to exclude cosmetics from the tariff list, potentially setting a precedent for other sectors. Note that the information may be based on projections or hypothetical scenarios, and its validity should be verified.
The EU initially imposed these tariffs in response to U.S. measures on steel and aluminum, with periodic reviews since then. The French cosmetics industry, with a strong export presence, argues that tariffs raise costs and reduce competitiveness. The exemption request occurs amid persistent trade tensions and a review of European tariff policy. As of now, no official instrument has been published confirming the measure or the requested exemption.
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