Issues Faced by Black Entrepreneurs Amid New Trump Administration Policies

In Washington, D.C.’s historically Black Anacostia neighborhood, Sweet Tooth Cafe and Cakes buzzes with activity. This Halal comfort food establishment marks the second outlet of Amina Thomas' family venture, a hallmark of their livelihood spanning three decades. Thomas recognizes the café's advantageous positioning despite the persistent hurdles faced by Black entrepreneurs. "Once inside, some patrons remark, 'Oh, they’re Black-owned. Let me give them a chance,’” she reflected, describing the mixed perceptions Black-owned businesses encounter. Experts identify significant barriers such as capital shortages and stringent Small Business Administration loan criteria hindering visibility. Kate Ashford from NerdWallet notes, "Black-owned businesses historically face greater difficulties securing funding compared to their white counterparts." Meanwhile, while the Trump administration touts regulatory relief, its policies on diversity and tariffs potentially threaten Black business prosperity. Jessica Fulton from the Joint Center warns of shrinking Black wealth. Amidst economic uncertainty, Thomas emphasizes community support, striving to provide exceptional service to ensure loyalty. Awareness remains key, as many Americans desire to support Black businesses but struggle to locate them.