By — John Yang John Yang By — Veronica Vela Veronica Vela By — Claire Mufson Claire Mufson By — Laine Immell Laine Immell Leave your feedback Share Copy URL https://www.pbs.org/newshour/show/how-tariffs-on-china-are-making-the-holiday-season-less-merry-for-shoppers Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Audio This year it might not be the Grinch who threatens to steal Christmas, but tariffs. According to an analysis by Lending Tree, if Trump’s tariffs had been in place last year, they would have increased consumer costs by $28 billion — about $130 per shopper. John Yang speaks with Nathan Gordon, president of online retailer Christmas Central, about the effect of tariffs on seasonal shopping. Listen to this Segment Watch Watch the Full Episode PBS NewsHour from Dec 13, 2025 By — John Yang John Yang John Yang is the anchor of PBS News Weekend and a correspondent for the PBS News Hour. He covered the first year of the Trump administration and is currently reporting on major national issues from Washington, DC, and across the country. @johnyangtv By — Veronica Vela Veronica Vela By — Claire Mufson Claire Mufson Claire Mufson is a journalist and general assignment producer at PBS News Weekend. She produces stories on a wide range of topics including breaking news, health care, culture, disability and the environment. Before joining PBS News, she worked in Paris for French public broadcasting channel France 24 and for The New York Times. By — Laine Immell Laine Immell