VIENNA, Va. — A significant majority of Halloween essentials like costumes and decorations are made in China, leaving many families spooked by tariff-induced price increases this holiday season.
The National Retail Foundation projects that Americans will spend a record amount on Halloween this year — about $11 more per person than last year. A possible explanation, according to supply chain experts, is that products face steep tariffs, forcing importers to raise prices for retailers and, by extension, consumers.
“When you’re talking about a really low profit margin business … there’s not gonna be a lot of room for the producers to sort of eat the cost of the tariff, so you’d expect them to pass it on to the consumer in terms of a higher price,” Brooklyn Law School Associate Professor Stratos Pahis said.
