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News in English (USA) / 30.04.2025 / 01:00

Concerns Grow Over Toy Shortages and High Prices Due to Tariffs Ahead of Holiday Season

As the holiday season approaches, retailers and toy store owners across the U.S. are expressing significant concern over potential toy shortages and rising prices, largely attributed to tariffs imposed on Chinese imports. With approximately 75% of U.S. toy imports originating from China, the impact of these tariffs is expected to be substantial. Retailers fear that this could lead to a challenging shopping season, with higher costs passed on to consumers and limited availability of popular toys. Small businesses in particular are feeling the pressure, with many fearing they might not survive the ongoing trade war. Amidst these challenges, some stores are scrambling to stock up and seek alternative vendors, but uncertainty remains high. The toy industry is bracing for what could be a difficult holiday season as they navigate these financial strains and supply chain disruptions.
The New York Times, The Economist, Houston Public Media, Bloomberg.com, Inquirer.com, Fortune Business Insights, WFSB, Business of Home, Global Times, Signal Akron