US EditionHow US beauty supply stores could be impacted by tariffs
- New U.S. tariffs on Chinese imports are set to rise to 20%, leading to potential price increases at beauty supply stores, as reported by Chrisiana Ford from Scripps News Group.
- Jessica Kwalli, owner of a beauty supply store, is preparing for these changes by researching new vendors and emphasizing American-made products.
- Kevin Ketels, an associate professor at Wayne State University, stated that the 20% tariff could significantly impact companies and consumers, as they will likely pass costs on to shoppers.
- The ongoing uncertainty regarding supply chains could create a chilling effect on the American economy, as indicated by Ketels.
15 Articles
15 Articles
Coast Reporter
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How US beauty supply stores could be impacted by tariffs
All of the products in the picture below were made in China. Because of new U.S. tariffs on China, you could be seeing an increase in prices at your local beauty supply store. In the hair capital of the world, the journey often begins at Beauty Supply store.I grew up in Detroit," said Jessica Kwalli, owner of Beauty Supply Store. "I saw that, you know, shopping and beauty supply stores with my mom, there wasn't much representation at all."That's…
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