Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

     Donald Trump's tariffs are expected to effect the 2025 holiday season. Consumer prices are expected to be raised while shoppers are looking for Christmas presents. Economists are not seeing a spike developing in common measures such as consumer price and the personal consumer indexes, they believe that tariffs will continue to keep those gauges elevated at a time when they should be moving lower. Tariff impacted have been disclosed so far as companies build up inventories ahead of the duties and absorbed impact through compressed profit margins. Bank of America is estimating tariffs are adding around 0.5% points to the core Personal Consumer Expenditures inflation rate which is around 2.9% rather than 2.4%. The Feds are taring 2% inflation, however tariffs are keeping prices higher than the goal. Consumers are currently paying higher prices on common goods like coffee, clothes, and furniture. Tariff costs of 50% to 70% are now being passed onto shoppers and business cover the rest. Imports from China, like fake Christmas trees will show how the tariffs will make seasonal goods more expensive. All costumers are expected to spend 40.6 billion dollars more than last holiday season as a whole and $132 dollars per shopper. This will result in consumers to use credit cards or take out loans for this up incoming holiday season.  

https://www.cnbc.com/2025/10/31/tariffs-are-expected-to-start-showing-up-more-in-consumer-prices-as-holiday-shopping-season-starts.html