Close Menu
In The Black NetIn The Black Net
  • Home
  • Black News
  • Events
  • Black Business
  • Blacks Politics
  • Shop
    • kids books
    • Business Books
    • Non Fiction
    • Clothing
  • HBCU News
  • Black Film
  • More
    • Entertainment
    • Beauty Tips
    • Greek News
    • Soul Food
    • Sports
    • Black Health
    • Black Traveling Tips
    • Donation Confirmation
    • Investing
    • Bahamas
    • Ghana
    • Donate
  • National Black Leadership Coalition
  • MyFutureHBCU
What's Hot

Ashland woman honored by Mass. Black and Latino Legislative Caucus. Here’s why – MetroWest Daily News

May 24, 2025

Pennsylvania man leaves IT job to start Handi Boyz, taking his side hustle full-time

May 24, 2025

Atlanta Tops List As Best City To Start A Business In 2024

May 24, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
In The Black NetIn The Black Net
Advertisement
  • Home
  • Black News
  • Events
  • Black Business
  • Blacks Politics
  • Shop
    • kids books
    • Business Books
    • Non Fiction
    • Clothing
  • HBCU News
  • Black Film
  • More
    • Entertainment
    • Beauty Tips
    • Greek News
    • Soul Food
    • Sports
    • Black Health
    • Black Traveling Tips
    • Donation Confirmation
    • Investing
    • Bahamas
    • Ghana
    • Donate
  • National Black Leadership Coalition
  • MyFutureHBCU
In The Black NetIn The Black Net
Home » Black America Braces for Impact as Trump’s Tariffs Land – BlackPressUSA
Black News

Black America Braces for Impact as Trump’s Tariffs Land – BlackPressUSA

adminBy adminMarch 4, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


By Stacy M. Brown
BlackPressUSA.com Senior National Correspondent
@StacyBrownMedia

Tariffs set to take effect Tuesday will impose a 25% levy on imports from Canada and Mexico and an additional 10% on Chinese goods. The Trump administration insists the move will protect American industries, but economists and civil rights leaders warn the fallout will be devastating for African Americans and other marginalized communities. Prices on everyday essentials are expected to rise sharply. The U.S. imports 63% of its vegetables and nearly half of its fruits and nuts from Mexico, making grocery costs an immediate concern. Gas prices are also likely to surge as Canada, the country’s largest crude oil supplier, is hit with tariffs. Low-income families, already struggling with inflation, will bear the brunt of these increases.

“For Black and brown people, who statistically spend the most as a percentage of wealth, the impact is going to be severe,” Calvin Boomer, a financial analyst, said. “This isn’t just about trade policy—it’s about survival for communities already fighting economic disparity.” The auto industry, a major employer of African Americans, is also bracing for disruption. Tariffs could add up to $3,000 to vehicle costs, potentially leading to declining sales and job losses. “We’re looking at a repeat of what happened in 2018 when Trump’s first tariffs led to layoffs,” said Maurice Richardson, an autoworker in Michigan. “Except this time, it’s going to be worse.”

The NAACP has condemned the tariffs, warning that they will deepen racial economic disparities. Democratic lawmakers have also spoken out, calling the move reckless and out of touch with working-class struggles. “It’s already expensive to eat healthy where I live,” said Alicia Brown, a mother of two from Chicago’s South Side. “A gallon of milk is already $5. If they start charging more for fresh produce, people are going to have to make tough choices between food and rent.”


Post Views: 17





Source link

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
admin
  • Website

Related Posts

Ashland woman honored by Mass. Black and Latino Legislative Caucus. Here’s why – MetroWest Daily News

May 24, 2025

Pennsylvania man leaves IT job to start Handi Boyz, taking his side hustle full-time

May 24, 2025

Atlanta Tops List As Best City To Start A Business In 2024

May 24, 2025
Leave A Reply Cancel Reply

Donate Now
Don't Miss
Massachusetts

Ashland woman honored by Mass. Black and Latino Legislative Caucus. Here’s why – MetroWest Daily News

By adminMay 24, 20250

Ashland woman honored by Mass. Black and Latino Legislative Caucus. Here’s why MetroWest Daily News Source…

Pennsylvania man leaves IT job to start Handi Boyz, taking his side hustle full-time

May 24, 2025

Atlanta Tops List As Best City To Start A Business In 2024

May 24, 2025

In South Carolina, Black voters are split on immigration | South Carolina

May 24, 2025

Journalist Sacha Jenkins Dies At 54

May 24, 2025

Incarcerated Man Santino Casio Talks Stabbing Motive

May 24, 2025

An HBCU sprinter qualified for 200-meter final in near photo finish at the NCAA D2 championships

May 24, 2025

HBCU News – NFL franchise to host HBCU league’s media day event

May 24, 2025

Lana Condor And Ross Butler On ‘Worth The Wait’ As Rare Rom-Com For Actors Of Color

May 24, 2025

Black Lives Matter street murals stand as an enduring reminder of protests against racism – Local 3 News

May 24, 2025

DONALD TRUMP’S JUMBO JET – African American News and Issues

May 24, 2025

SpaceX lands booster off coast of Bahamas for first time

May 24, 2025

InTheBlackNet delivers insights, strategies, and resources to help businesses thrive. Stay updated with expert content, industry trends, and practical solutions tailored to drive success and growth in today's competitive market.

Our Picks

Ashland woman honored by Mass. Black and Latino Legislative Caucus. Here’s why – MetroWest Daily News

May 24, 2025

Pennsylvania man leaves IT job to start Handi Boyz, taking his side hustle full-time

May 24, 2025

Atlanta Tops List As Best City To Start A Business In 2024

May 24, 2025
Products
  • The Spirit of Black Wall Street: For Kids The Spirit of Black Wall Street: For Kids $5.99
  • Juneteenth: Learning and Celebrating Juneteenth: Learning and Celebrating $5.99
  • The Future Explorers and the Starry Mystery The Future Explorers and the Starry Mystery $3.99
Facebook X (Twitter) Instagram Pinterest
  • Home
  • About us
  • Contact us
  • Privacy Policy
  • Terms and conditions
© 2025 In The Black Net

Type above and press Enter to search. Press Esc to cancel.