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Tariffs Spark Holiday Price Hikes on Toys and Consoles

12/16/2025

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Summary

Story summary

Tariffs on Chinese goods are driving price increases during the U.S. holiday season, with the Toy Association noting tariff fluctuations.
Toy prices have risen 5%–20%, and dolls cost $30–$35, up from $20–$25 last year.
Best Buy's chief executive says the retailer will offer products at various price points to attract lower-income shoppers as tariffs raise prices on game consoles, including a $50 increase for the PlayStation 5.

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Story summary

Tariffs on Chinese goods are driving price increases during the U.S. holiday season, with the Toy Association noting tariff fluctuations.
Toy prices have risen 5%–20%, and dolls cost $30–$35, up from $20–$25 last year.
Best Buy's chief executive says the retailer will offer products at various price points to attract lower-income shoppers as tariffs raise prices on game consoles, including a $50 increase for the PlayStation 5.