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American consumer wallets will be billions of dollars lighter this holiday season because of President Donald Trump 's tariffs, according to LendingTree .

Sunday marked six months since Trump announced his broad "liberation day" tariffs.

Prices for select food and consumer goods rose in the wake of that announcement.

And consumers are set to see more of the impact from those tariffs as holiday items that have been stored in warehouses for months are finally hitting store shelves.

LendingTree, which operates on an online lending marketplace, used 2024 winter holiday spending data as a reference point for its analysis of the upcoming season.

The company estimated that the new tariffs will inc

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