Cosmetics Trade Groups: TPP Conclusion Marks 'Extraordinary Opportunity'
This article was originally published in The Rose Sheet
Executive Summary
With negotiations between participating countries concluded for the Trans-Pacific Partnership, a coalition of cosmetics trade groups are praising the agreement, optimistic about its expected tariff reductions for industry and its capacity to promote regulatory alignment. However, the deal still needs Congress's approval in the US, which may be a battle for President Obama, the US Trade Representative and other advocates.