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That $20 Halloween costume you bought for your kid last year will cost $40 in 2025, warns industry trade group

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Retailers, meanwhile, are pausing or cancelling Christmas ornament orders due to tariffs.
The article from Fortune discusses how the trade war between the U.S. and China is affecting the prices of Halloween and Christmas items. Tariffs imposed on Chinese goods have led to increased costs for holiday products such as costumes, decorations, and ornaments. Retailers like Spirit Halloween and Party City are experiencing higher prices from their suppliers, which they are passing on to consumers. For instance, the cost of a popular Halloween costume has risen by about 10%, and Christmas ornaments are also seeing price hikes. The article suggests that these price increases could dampen holiday spending and impact the overall economy, as consumers may cut back on discretionary purchases due to the higher costs.

Read the Full Fortune Article at:
[ https://fortune.com/article/halloween-christmas-price-increases-tariffs-costumes-ornaments/ ]