Trump’s tariffs drive back-to-school budgets higher, families struggle to cope
American families are facing steeper back-to-school expenses as the 2025 academic year commences. Analysts attribute this surge to President Trump’s tariff policies, impacting essential supplies. The National Retail Federation estimates significant spending, though families are buying less due to inflated prices. Backpacks and electronics have seen substantial increases, with parents shopping earlier to mitigate costs.
