(C) Common Dreams
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These household items have gotten pricier since Trump's tariffs announcement, new report finds [1]
['Natalie Wu']
Date: 2025-05-10
Some common household items saw price changes in the weeks following President Donald Trump's initial tariffs announcement, according to a Telsey Advisory Group industry note.
Not every day is a good day for Barbie, if prices for dolls in the U.S. keep rising amid President Donald Trump's tariff policy announcements. A series of household items including leggings, Barbie dolls power drills and washing machines have increased in price since Trump initially announced a sweeping set of global tariffs on April 2, according to an industry note issued by the Telsey Advisory Group on Tuesday. Between April 16 and April 30, the price of a Target-exclusive Barbie doll increased by nearly 43% to $14.99, up from $10.49, Telsey reported. A Whirlpool washing machine at Lowe's went up in price by nearly $82 to $599, over the same time frame. Other notable price hikes include Girl's Cat and Jack leggings at Target, which went up by nearly a third — to $6, from $4.50 — and a Dewalt drill at Tractor Supply that rose by $20, to $179. (As of Friday afternoon, the drill is on sale for $99.)
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The Telsey analysis included luxury items, too. A medium Louis Vuitton Neverfull tote bag will run you $2,130 today, for example — $100 more than on April 16, Telsey noted. The price changes in the Telsey note shouldn't be viewed as definitive evidence of tariff impact, its authors wrote. The group tracked only one or two items per analyzed company, and didn't account for extant discounts or internal pricing strategies. Some of the consumer items tracked by Telsey didn't change in price. Others became less expensive. But if higher consumer prices due to tariffs aren't yet a reality for Americans, they will be soon, said Telsey's note. "A consistent narrative across retailers and brands is that higher costs will be passed on to consumers," its authors wrote. "Many management teams are accelerating and attempting to make 'non-regrettable' decisions about the supply chain and/or product price changes."
The likely impact of China tariffs
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[1] Url:
https://www.cnbc.com/2025/05/10/trump-tariffs-these-household-items-have-gotten-pricier-report-finds.html
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