Trade Tariffs Threaten Christmas Supplies and Prices

Importers warn that ongoing tariffs imposed during President Trump's administration threaten to disrupt the holiday season, potentially leading to increased costs and limited product availability for Christmas decorations and gifts. Industry leaders report significant challenges, including layoffs, reduced imports, and price hikes, as they grapple with tariffs still set at 30%—despite some reductions—posing concerns about shortages and higher consumer prices this festive season. The trade tensions have cast a shadow over the traditional cheerful spirit of Christmas, with businesses and consumers feeling the impact of international trade policies. For more details, read the full article. A trade association representing toy manufacturers has also expressed worries about potential shortages and rising prices due to tariffs.