LeadStory

Reuters

Trump tariffs leaving Black beauty businesses in peril

Reuters · Just In
Reuters
Reuters
Just In

Black beauty salons and wholesalers have been hit hard by U.S. President Donald Trump’s tariffs. Prices of supplies have skyrocketed, and small businesses say they are forced to pass costs on to customers.

Breakdown
  • Tariffs on Chinese and Vietnamese imports have led to sharp price increases for Black beauty products. 37s
  • Business owners are struggling to absorb costs or are forced to raise prices for clients. 1m 7s
  • Supply chain disruptions are causing shipment delays and product shortages. 1m 35s
  • Some owners have laid off staff, increased prices, or closed their stores due to financial strain. 2m 45s
  • Experts say Black-owned businesses are especially vulnerable due to smaller financial reserves. 1m 52s
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