Many small business owners in the beauty industry are feeling the impact of new tariffs and rising prices due to the ongoing trade war with China. Monroe, who owns a small hair care line produced in China, is worried about having to raise prices once she places new orders. She has explored the possibility of shifting production to the United States but found it to be impractical due to the high minimum order requirements. LaWanda Majors, owner of MajorStyllz Beauty Supply, has already seen prices increase on popular products like human hair extensions, making it difficult for her to keep her business afloat. She has had to mark down inventory to make ends meet and is relying on faith to get her through these tough times. Customers are also expressing concern about rising prices on social media platforms like TikTok, highlighting the impact the trade war is having on the beauty industry. Overall, small business owners and consumers alike are feeling the effects of increased tariffs and rising prices in the beauty industry, causing struggles for many in the market.
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