What's Happening?
Business owners are experiencing increased costs for Halloween costumes and candy this year, attributed to tariffs. These tariffs have led to slower shipping times and higher wholesale prices, impacting the availability and affordability of Halloween goods. Omar Villafranca reports from Fort Worth, Texas, highlighting the challenges faced by retailers as they prepare for the holiday season.
Why It's Important?
The increased costs for Halloween goods due to tariffs could affect consumer spending and retail sales during the holiday season. Retailers may face reduced profit margins, and consumers might experience higher prices, potentially leading to decreased sales. This situation underscores the broader impact of trade policies on local businesses and consumer markets.
