Well-known razor makers like Boston-based Gillette already face strong headwinds from changing consumer habits: fewer men are shaving as regularly now that beards are more in fashion. Online subscription services like Dollar Shave Club or Harry’s are also putting pressure on prices and profit margins. Now, razor makers are dealing with the problem of tariffs on the specialized steel they import.
About Jonathan Robison
Jonathan Robison is the Program Coordinator and Research Assistant with the CSIS Scholl Chair in International Business and a graduate of Washington University in St. Louis.