Category: News
Toy Industry Emerges as One of Hardest-Hit Sectors Under U.S. Tariff Onslaught, Reports Show
The U.S. toy industry has become one of the hardest-hit casualties in the escalating trade war, with 145% tariffs on Chinese imports triggering widespread supply chain disruptions and price surges that could derail Christmas celebrations across America. Collapsing Supply ChainsAccording to U.S. Commerce Department data, 75% of America’s $17.7 billion toy imports in 2024 originated… [Read more]
U.S. Toy Industry in Crisis: 145% Tariffs Trigger Supply Chain Collapse, Price Surges
The U.S. toy industry has descended into chaos within days of President Trump’s 145% tariffs on Chinese imports taking effect, with manufacturers warning of supply chain collapse and unprecedented price hikes that threaten Christmas inventories. Immediate FalloutAccording to the Toy Association, 80% of toys sold in America are Chinese-made, with $13.4 billion of the $17.7… [Read more]