By  on August 20, 2018

The Estée Lauder Cos. is not planning to let tariffs affect product pricing.

Executives on the company’s earnings call Monday said the firm is “doing [its] best” to avoid price increases related to existing or potential tariffs. Lauder chief executive officer and president Fabrizio Freda said that less than one-third of Lauder products sold in China originate in the U.S., but that many of the products sold in the U.S. use Chinese components.

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