How New U.S. Tariffs Impact the Beauty & Skincare Manufacturing Industry
At Vaulabs, we are closely monitoring the recent announcement by President Trump to impose a 10% tariff on all imports and even higher levies on countries with significant trade imbalances, such as China (34%), Japan (24%), and the European Union (20%).
What this means for beauty and skincare manufacturers:
• Increased costs on imported raw materials and packaging components.
• Potential disruptions in the global supply chain, especially for ingredients sourced from heavily impacted countries.
• A push towards strengthening U.S.-based manufacturing to avoid hefty tariffs and maintain profitability.
At Vaulabs, we see this as both a challenge and an opportunity. While these tariffs could elevate costs, they also encourage reshoring production and innovating within the U.S. market. Our commitment to clean, high-quality skincare manufacturing continues to be our top priority.
The way forward:
• Sourcing more ingredients and packaging domestically to minimize tariff-related cost increases.
• Partnering with U.S.-based suppliers and manufacturers to create a more resilient supply chain.
• Maintaining our dedication to clean beauty standards without compromising quality or affordability.
We are prepared to navigate these changes and help our partners thrive in this evolving landscape. If you’re a beauty founder looking to strengthen your supply chain and reduce costs, let’s connect!