Zuellig Pharma on Tariff Threats
John Graham, CEO at Zuellig Pharma, says he expects most industry peers to be scrambling to understand the potential impact of US tariffs on supply chains. He speaks exclusively with Haslinda Amin on "Bloomberg: The China Show" from the Techcombank Investment Summit 2025. (Source: Bloomberg)
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Along with media offerings such as 'Parasite' and 'Squid Games,' and the popularity of K-pop bands like BTS, K-beauty has helped boost South Korea's profile globally, she said. 'It's all part and parcel really of the same thing,' Lovely said. 'And it can't be completely stopped by a 25% tariff, but it's hard to see how it won't influence how much is sold in the U.S. And I think what we're hearing from producers is that it also really decreases the number of products they want to offer in this market.' Senti Senti, a retailer that sells international beauty products at two New York boutiques and through an e-commerce site, saw a bit of 'panic buying' by customers when Trump first imposed punitive tariffs on goods from specific countries, manager Winnie Zhong said. 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