Impact of Trump's Tariffs on African American Beauty Supply Businesses

(Photo: Getty Images) NBC News highlights the impact of Trump's trade policies on Black beauty supply retailers. The U.S. Black haircare sector, worth over $2.5 billion, heavily depends on international imports. Chasity Monroe, owner of Pink Noire in Memphis, faces steep tariff hikes—up to 145% on Chinese goods—challenging her business viability. While advised to utilize a 90-day tariff pause for sourcing, many small enterprises lack the financial infrastructure to do so effectively. LaWanda Majors, in Nashville, experiences soaring product costs, leading her to slash prices and seek divine assistance.