<ul data-eligibleForWebStory="false"><li>President Trump's new 25% tariff on imports from countries like Japan and South Korea, major exporters of beauty products to the U.S., could lead to increased prices for popular skincare items.</li><li>The tariffs are expected to be implemented on August 1, pending legal or trade-related challenges, impacting well-known Korean skincare brands like Laneige, Beauty of Joseon, and CosRx.</li><li>In 2024, the U.S. imported $1.7 billion worth of beauty products from South Korea, making it the largest beauty goods exporter to the U.S., with imports from South Korea growing significantly.</li><li>Big retailers might initially absorb the costs to avoid immediate price hikes, but consumers could eventually see higher prices on skincare products due to the tariffs.</li></ul>

Your K-Beauty Is About To Become More Expensive: What You Need To Know

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