As the holiday shopping season approaches, Americans are bracing themselves for a potentially pricey festive period due to rising costs of living and Trump's ongoing tariff policies.
The latest move by the administration to pivot towards affordability has raised hopes that some tariffs rates might be reduced, which could trickle down to lower prices for everyday essentials like coffee and fresh produce. Even more radical proposals, such as a 50-year mortgage plan, have also been floated in an effort to ease the financial burden on American households.
However, these measures may not come soon enough for those struggling with rising household costs. According to recent data, nearly three-quarters of Americans – 74% – report that their monthly expenses have increased by over $100 since last year's figures were compiled.
As a result, many are already getting into the holiday spirit by preparing for Black Friday and beyond. But the question on everyone's mind is: will these new policies ease the financial strain, or will the costs add up again?
We want to know how Trump's tariffs and economic considerations are affecting your holiday shopping plans. Have you started budgeting for gifts? Are you worried about the impact of rising prices on your family's holiday season? Share your concerns with us – we're listening.
The latest move by the administration to pivot towards affordability has raised hopes that some tariffs rates might be reduced, which could trickle down to lower prices for everyday essentials like coffee and fresh produce. Even more radical proposals, such as a 50-year mortgage plan, have also been floated in an effort to ease the financial burden on American households.
However, these measures may not come soon enough for those struggling with rising household costs. According to recent data, nearly three-quarters of Americans – 74% – report that their monthly expenses have increased by over $100 since last year's figures were compiled.
As a result, many are already getting into the holiday spirit by preparing for Black Friday and beyond. But the question on everyone's mind is: will these new policies ease the financial strain, or will the costs add up again?
We want to know how Trump's tariffs and economic considerations are affecting your holiday shopping plans. Have you started budgeting for gifts? Are you worried about the impact of rising prices on your family's holiday season? Share your concerns with us – we're listening.