UPDATE 1-L'Oreal to lower imported product prices in China as tariffs cut
May 26, 2015 at 02:20 AM EDT
SHANGHAI, May 26 (Reuters) - L'Oreal SA will reduce prices of most of its imported products in China to boost domestic sales, the French cosmetics giant said on Tuesday, after China said a day earlier it will cut import tariffs on goods, including skincare products.