<h1>New 25% Tariffs on Korean Beauty Imports Risk Higher Prices and Reduced Variety in US Market</h1> New tariffs imposing a 25 percent duty on South Korean imports threaten the booming market for Korean beauty products in the United States. Despite an existing free trade agreement allowing duty-free entry for cosmetics, South Korea has yet to secure a new trade deal to avoid these tariffs, unlike other Asian countries that have reached agreements with reduced rates. Retailers and consumers report uncertainty and reduced restocking due to potential cost increases, with some pausing orders or stockpiling products before the tariffs take effect. The tariffs risk increasing prices, limiting product variety, and potentially reducing sales, as businesses may pass on costs to consumers or discontinue certain items. The situation has led to concerns about the accessibility and competitiveness of Korean beauty products in the U.S. market, with stakeholders hoping for a resolution or exemptions to mitigate the impact.