Story perspectives
Parents Brace for Back-to-School Price Hikes Amid Tariffs
8/25/2025
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Story summary
- Parents anticipate price increases for back-to-school items due to Donald Trump's tariffs, with 72% expecting higher costs.
- The National Retail Federation projects back-to-school spending at $39.4 billion, the second highest on record.
- Home Depot will increase prices on some products, impacting nearly half of its overseas-sourced inventory.
- Proposed pharmaceutical tariffs may disrupt medication supply chains and raise consumer costs.
