Major Power Tool Brand Announces Price Hikes Amid Trump’s Trade War

While it’s hard to know where things stand with the tariffs unilaterally imposed by President Trump, we are starting to see the inevitable price increases connected to those economic decisions—or lack of decisions, depending on the day—on store shelves. Now, the price of power tools is going up as Stanley Black & Decker said Wednesday, April 30, that the company would be raising prices on its products, which also include DeWalt power tools and Craftsman wrenches.

The company announced the news in its first-quarter earnings report. Despite beating revenue expectations, Stanley reported a 3.2 percent dip in sales for the first three months of 2025.