(NewsNation) — Tariffs could make holiday shopping more expensive this year, pushing up prices on imported goods from clothing to electronics.

A new LendingTree analysis estimates that if current tariffs had been in effect last year, American consumers would have faced an additional $28.6 billion holiday gift burden — about $132 per shopper.

"For most Americans, spending an extra $132 at the holidays is significant," LendingTree's chief consumer finance analyst Matt Schultz said in the report. "It could prompt people to cut back on gift-giving this year or lead to them taking on extra debt."

The largest tariff impact would have come from electronics ($186 per shopper), followed by clothing and accessories ($82) — the vast majority of which were imported, LendingTree found. Together, tho

See Full Page