https://www.taxtmi.com/news?id=50791 Proposed nation specific import duties would reintroduce tariffs on South Korean cosmetics despite a prior free trade arrangement, raising landed costs for importers, wholesalers and retailers. Businesses report paused replenishments, stockpiling by consumers, and potential price increases or product discontinuations. The tariff uncertainty prompts requests for lower negotiated rates or carve outs for low value items, forces alternative sourcing and inventory management decisions, and creates compliance questions for cross border ecommerce about who bears import charges. en-us Tue, 29 Jul 2025 01:01:03 +0530 Tue, 29 Jul 2025 01:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50791 Proposed nation specific import duties would reintroduce tariffs on South Korean cosmetics despite a prior free trade arrangement, raising landed costs for importers, wholesalers and retailers. Businesses report paused replenishments, stockpiling by consumers, and potential price increases or product discontinuations. The tariff uncertainty prompts requests for lower negotiated rates or carve outs for low value items, forces alternative sourcing and inventory management decisions, and creates compliance questions for cross border ecommerce about who bears import charges. News - Tue, 29 Jul 2025 01:01:03 +0530 https://www.taxtmi.com/news?id=50791