Story perspectives
New Tariffs Spike Toy Prices: Early Shopping Advised
3/6/2025
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Story summary
- New tariffs on imports from China, Canada, and Mexico are causing toy prices to rise.
- Major companies like Hasbro and Mattel are adjusting supply chains, while smaller firms may bear the costs.
- About 80% of toys sold in the U.S. are produced in China, raising sourcing and pricing concerns.
- Retailers recommend early shopping to counteract anticipated price increases from suppliers.
