Tariffs expected to have terrifying impact on Halloween prices for costumes and candy
How Trump’s tariffs could affect Halloween season
- Retailers are warning that tariffs introduced during the Trump administration could increase prices on popular items such as Halloween candy and costumes.
- Specific examples include costume tariffs ranging from 5% to 19% and a fog machine's price rising from $58 to $74, with some invoices showing additional tariff charges up to $700.
- Major candy producer Hershey plans double-digit price increases due to high cocoa costs and tariff pressures, with other retailers anticipating further hyperinflation on goods.
- Despite concerns about the economic outlook due to inflation and tariffs, the National Retail Federation projects record Halloween spending of $13.1 billion in 2025.
- Many tariffs from the previous US administration remain in effect, with the Supreme Court currently reviewing their legality, and are also expected to impact future holiday costs like fireworks.