Ten Smart Moves for Black Business Owners Facing Tariff Pressures

Black entrepreneurs are being hit harder by new tariffs. According to a recent Black Enterprise post 52% are reporting drops in sales as of June 2025. That’s eight points higher than the national average. And up 19 points from May.

It’s likely going to get worse unless you make strategic moves now.

Here’s ten actions smart Black business owners are taking to stay ahead:

1. Renegotiate supplier contracts

Push for adjusted pricing or terms to shield against rising costs.

2. Build supply chain resilience

Invest in tech or work with trade consultants to reduce delays and fees.

3. Gradual price increases

Roll out adjustments in stages, explain openly to customers to maintain trust.

4. Diversify sourcing

Look for local or tariff-free suppliers to reduce import burdens.

5. Leverage AI tools

Use smart algorithms to optimize pricing strategies—keeping margins, keeping customers.

6. Expand supplier options

AI can also help you identify new raw material providers and open new markets.

7. Slash overhead and build reserves

Audit every cost tied to tariffs and maintain funds for sudden price shocks.

8. Explore tariff exemptions

Research whether your goods can qualify for exclusions or trade-group support.

9. Join industry trade groups

Tap into networks that offer tariff-free opportunities and insider info.

10. Lean into networking

Nearly half of Black owners (45%) say networking helps buffer tariff effects.

Pivot with purpose

Only 8% of Black business owners fear shutting their doors in 2025 compared to 20% nationwide. This speaks volumes about resilience. Strong networking, customer loyalty tactics, and smart cost cuts are key.

What You Can Do Now

• Audit your vendor contracts this week
• Ask local trade consultants about tariff-safe alternatives
• Invest in AI-driven tools focused on pricing and sourcing
• Activate your network—industry groups, Black business alliances, referral partners

Your Voice Matters

Are you navigating similar pressures? Want guidance on AI tools or trade networks? Drop a comment or question below. We’re here to help you thrive.

Read the full Black Enterprise article here