Walmart has requested its beauty suppliers look past China in order to source their cosmetic products in a bid to avoid the ramifications of the impending tariffs ordered by the Trump administration.
According to a recent email from Walmart’s procurement division to its beauty suppliers, Chinese goods such as lipstick, eye make-up, powders, shampoo and other haircare products could be hit with proposed levies.
The email, named “Potential alternative plan for WMUS D46 orders”, proposes that suppliers find an alternative source for their beauty items.
Walmart spokesperson Randy Hargrove stated, “We are closely monitoring the tariff discussions and are actively working on mitigation strategies, particularly in light of potentially escalating duties.
“One of those mitigation strategies is to understand what our suppliers are doing and what their plans and alternatives are.”
However, Walmart Chief Financial Officer Brett Biggs gave a moderate view of the company’s reliance on China, stating the impact of the tariffs were ‘difficult to quantify’, with a company statement stating, “We buy more merchandise, by a wide margin, in the U.S. than from any other country.”