S&P Global warned U.S. government debt credit ratings could "come under pressure" if political developments affect the independence of the Federal Reserve.

(Reuters) -S&P Global on Monday affirmed its "AA+" credit rating on the U.S., saying the revenue from President Donald Trump's tariffs will offset the fiscal hit from his massive tax-cut and spending bill.

S&P said it is maintaining the AA+ rating on the U.S. as it expects tariff revenue will shore up the nation's finances.

But the prices of hair extensions and hair glues used to create wigs and weaves have gone up exponentially after President Donald Trump imposed a series of different tariffs on China and Vietnam, where the majority of Black beauty products are made.

Costs have increased for hair extensions, hair glue, and other essentials Black-owned beauty businesses need to operate.