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President-elect Donald Trump has called a tariff “the most beautiful word.” And if he enacts his planned tariffs on foreign-made goods, the beauty industry will certainly feel their impact.
On the campaign trail, Trump proposed levying tariffs as high as 60 percent on goods made in China, and 20 percent on those from other markets such as Europe, in order to reward American companies for doing business with other domestic firms. According to the Washington-based think tank the Tax…
