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Tariffs could create scary Halloween prices

CBS America · Just In
CBS America
CBS America
Just In

Tariffs could drive up the prices of Halloween favorites – from skeletons to pumpkins and costumes. But retail analysts say shoppers aren't expected to be scared away with record Halloween spending projected.

Breakdown
  • Tariffs on imported costumes and decorations have increased wholesale prices for retailers. 29s
  • Tariffs range from 5% to 19%, affecting most overseas-manufactured costumes. 41s
  • The National Retail Federation projects record Halloween spending of $13.1 billion. 48s
  • Some retailers are absorbing tariff costs to keep prices stable, but certain items have become significantly more expensive. 1m 13s
  • Shoppers remain enthusiastic about Halloween despite higher prices. 1m 45s
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Global Tariffs

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.