L'Oreal CEO: Tariff wars are never good for consumers
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L'Oreal CEO Nicolas Hieronimus expressed concerns about the negative impact of tariff wars on consumers. He discussed the U.S. market, tariffs, European competitiveness, and Chinese demand during an interview at L'Oreal's new R&I facility in New Jersey.
March 04, 2025 | 6:00 am
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L'Oreal CEO Nicolas Hieronimus highlighted the adverse effects of tariff wars on consumers, which could impact L'Oreal's pricing and competitiveness in the U.S. market.
The CEO's comments suggest that tariff wars could lead to higher prices for consumers, which may affect L'Oreal's sales and market position in the U.S. This is particularly relevant as the company has opened a new R&I facility in New Jersey, indicating a focus on the U.S. market.
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