New 2025 tariffs are expected to raise shoe prices by about 15% and apparel by 14%, with toys and household items also likely to see sticker shock by midsummer.

Retailers are still selling pre-tariff stock, so price increases might start slowly but could accelerate, especially for back-to-school and holiday goods.

Importers should watch for changing tariff rates and supply delays that may affect cost and inventory decisions. Panic buying might backfire as demand surges could push prices even higher.