Core Insights - The National Christmas Tree Company, a major importer of artificial Christmas trees in the U.S., has reported a 25% decline in overall import volume this year due to the tariffs imposed by the Trump administration [1] - The company anticipates a supply shortage during the upcoming holiday season, with import volumes in August and September experiencing year-over-year declines of 58% and 70%, respectively [1] - In response to increased costs from tariffs, the company plans to raise product prices by 10% [1] Industry Impact - The limited inventory of artificial Christmas trees, along with other decorative items like lights and wreaths, is expected to affect the holiday market significantly [1] - The high production costs of artificial Christmas trees and related products in the U.S. are attributed to labor costs, making domestically produced trees 2.5 to 3 times more expensive than those manufactured abroad [1] - Several companies, including the National Christmas Tree Company, are in discussions with the U.S. Treasury and the Office of the U.S. Trade Representative to address supply issues during the holiday season [1]