Core Insights - The article discusses the impact of tariffs imposed by the Trump administration on Halloween spending in the U.S., highlighting increased costs for consumers and businesses due to these tariffs [1][3]. Group 1: Economic Impact on Consumers - 79% of Americans expect higher prices this Halloween due to tariffs, leading to increased spending on costumes and decorations [1][4]. - NRF estimates that Halloween spending will reach a record $13.1 billion this year, up from $11.6 billion last year, with an average spending of $114.45 per person, an increase of $11 [3][4]. Group 2: Business Challenges - Chris Zephro's company has incurred over $800,000 in tariff costs since April, forcing him to lay off 15 employees for the first time in 15 years [1][3]. - Many businesses are facing order cancellations and increased costs, leading to a shortage of Halloween supplies and higher prices for consumers [3][5]. Group 3: Price Increases and Consumer Reactions - Prices for Halloween costumes are expected to rise by $5 to $10, with average spending on costumes estimated at $37.62, an 11% increase from last year [4][5]. - Consumers are feeling the pinch, with some opting to forgo purchasing costumes altogether due to high prices [4][5]. Group 4: Broader Industry Concerns - The Halloween industry is experiencing significant stress due to tariffs, with small manufacturers particularly affected as they struggle to absorb costs [7]. - The article highlights the challenges of bringing manufacturing back to the U.S., citing infrastructure costs and regulatory burdens as major obstacles [7].