Walmart Inc <WMT.N> has asked some beauty suppliers to consider sourcing products from outside China, as it looks for ways to mitigate the impact of a new set of tariffs on Chinese products proposed by the Trump administration.In an email sent to some beauty suppliers on Aug. 7, seen by Reuters, the retailer asks if they have facilities outside China, and if not, whether they would consider investing in them, to broaden their sourcing ability.
Many cosmetics products like shampoos, lipsticks and makeup fall under the most recent list of proposed levies on Chinese goods.
More at: https://finance.yahoo.com/news/walma...--finance.html
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