$29 Billion Tariff Shock Awaits US Shoppers As Holiday Spending Kicks Off: Report

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$29 Billion Tariff Shock Awaits US Shoppers As Holiday Spending Kicks Off: Report

benzinga.com/news/politics/25/11/48886151/29-billion-tariff-shock-awaits-us-shoppers-as-holiday-spending-kicks-off-report

The upcoming holiday season could prove to be more costly for American consumers, not due to increased retailer prices, but as a result of tariffs.
What Happened: As per the report by LendingTree, current tariffs are equivalent to a $29 billion tax on the 2025 holiday shopping…

This story appeared on benzinga.com, 2025-11-15 16:07:01.