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Holiday Gift Prices Surge 26% Amid Tariff Impact

12/11/2025

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Summary

Story summary

Groundwork Collaborative reports that holiday gift prices rose 26% from 2024, largely due to tariffs under U.S. President Donald Trump.
Beats Solo 4 headphones rose about 30%, according to Groundwork Collaborative.
The Cooper Cooler beverage chiller tripled to $89.99, according to Groundwork Collaborative.
Tariffs could add $28 billion to holiday costs, with households spending $130 more.
Forty-one percent of shoppers bought fewer gifts as the PlayStation 5 price rose $50.

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Story summary

Groundwork Collaborative reports that holiday gift prices rose 26% from 2024, largely due to tariffs under U.S. President Donald Trump.
Beats Solo 4 headphones rose about 30%, according to Groundwork Collaborative.
The Cooper Cooler beverage chiller tripled to $89.99, according to Groundwork Collaborative.
Tariffs could add $28 billion to holiday costs, with households spending $130 more.
Forty-one percent of shoppers bought fewer gifts as the PlayStation 5 price rose $50.