Toymakers Brace for Impact as Tariffs Loom

U.S. toymakers are concerned about potential tariffs on Chinese imports promised by President-elect Donald Trump, which could significantly raise toy prices and impact sales. Most toys sold in the U.S. are manufactured in China, and a 60% tariff could lead to higher consumer prices. Toy companies are considering moving production to other countries, but this carries risks if trade policies shift. Domestic manufacturing is often too costly, leaving companies like Basic Fun! and American Plastic Toys uncertain about future strategies.