Trump’s Tariffs To Add $40.6B To Holiday Costs As Consumers Pay $132 More On Average, LendingTree Warns

LendingTree estimates Trump’s tariffs will raise holiday costs by $40.6 billion, adding $132 per shopper. Consumers will bear most of the increase, led by higher prices for electronics and clothing. Analysts warn families may cut spending or take on debt as retailers absorb $12 billion of the impact.