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Tariffs Raise Holiday Costs by $132 per Shopper

11/2/2025

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Summary

Story summary

Tariffs are driving higher costs for holiday shoppers, with an average rise of $132 per shopper and $28.6 billion in additional expenses.
Electronics will see the largest increase, costing an extra $186.
Clothing will add $82 to holiday costs.
Retailers will absorb $12 billion of tariff costs, and 41% of consumers have bought fewer items due to tariffs.

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Story summary

Tariffs are driving higher costs for holiday shoppers, with an average rise of $132 per shopper and $28.6 billion in additional expenses.
Electronics will see the largest increase, costing an extra $186.
Clothing will add $82 to holiday costs.
Retailers will absorb $12 billion of tariff costs, and 41% of consumers have bought fewer items due to tariffs.