Halloween this year could be scarier for Americans, financially. Thanks to President Donald Trump's tariffs.

A consumer survey by the National Retail Federation (NRF) revealed that Halloween spending is expected to reach a record $13.1 billion this year – up from $11.6 billion last year.

Candies, costumes, decorations and greeting cards are among the most popular purchases this Halloween season.

Why Halloween this year may cost American shoppers more

The NRF's annual survey found that 79% of Halloween shoppers expect to pay higher prices this year due to tariffs.

Concerns have been raised about an increase in prices of Halloween products due to the tariff imposed by US President Donald Trump on foreign imports since April – especially on China.

Notably, Trump increased US tariffs on

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