Overview
- Economists and major chains say broader price increases could start this month or early next year as pre-tariff stock is exhausted, with limited ability to re-source supplies quickly.
- Kohl’s, Williams-Sonoma and Under Armour indicate they expect to raise prices shortly after the holidays.
- A Telsey Advisory Group analyst warns consumers could face sticker shock in the first half of next year as promotional discounts recede.
- Small businesses report taking out loans or selling at a loss to cover duties, with some owners prioritizing tariff debt over profits.
- The administration cites record Black Friday sales to downplay economic harm, even as the Big Three automakers report sizable trade-related losses.