WASHINGTON — As Americans gear up to spend billions on costumes, masks, and candy this Halloween, a "trick" from international trade disputes is hitting wallets: rising prices caused by tariffs on imported goods, primarily from China.
The duties, levied by the Trump administration on a vast array of Chinese-made products, are now being felt by local businesses and passed along to consumers just as the spooky season peaks.
Higher Prices for Small Businesses
For the owner of Total Party, Lorenzo Caltagirone, a significant challenge this year is dealing with the impact of the tariffs.
"Most of the costumes and accessories all come from China, about 95%," Caltagirone explains.
He notes that nearly all Halloween masks and costumes are manufactured overseas, with only products like makeup t