The toy industry is bracing for the impact of Trump's promised tariffs

Toy stores and the toy industry are warning that Trump's pledge to add tariffs to Chinese imports could harm their businesses.

Topics

The impact of tariffs on the U.S. toy industry

If President-elect Donald Trump follows through on his threat of imposing new tariffs on Mexico, Canada and China, it could have major repercussions for the U.S. toy industry. Kelly O'Grady explains.
CBS News - 13h
Trump's 25% tariff could be an existential threat to Canada's recovering auto industry

There's growing concern that potential tariffs on Canadian imports to the U.S. could be an existential threat to the country's recovering automotive industry.
CNBC - 2d
How Trump’s tariffs can generate both economic and political reform in China

If Trump is allowed by Elon Musk to stick to his guns, he can apply to China the principle he announced for his domestic opponents: “Success will be our retribution.”
The Hill - 1d
Will Trump’s tariff threats protect the dollar’s dominance?

Brics nations’ plan to create rival to greenback is bound to fail even without president-elect’s measures. In 2023, the leaders of Brazil and the other Brics countries at the time – China, India, ...
The Guardian - 2d
‘A hostage situation’: South Korea paralysed in fight against Trump tariffs

Companies fear political vacuum in Seoul will leave them vulnerable to tariffs and loss of subsidies
Financial Times - 2d
U.S. Crypto Industry Eyes Possible Day-One Trump Executive Orders

The President-elect has talked up the digital currencies, stoking anticipation that his term will sustain a crypto boom.
Inc. - 2d
Brace! Risks Stack up For the Global Economy in 2025

It’s not just Trump’s return to the White House—global conflicts and the threat of climate change could shape growth next year.
Inc. - 2d
Lego is reinventing its iconic brick sets and keeping the toy industry afloat

The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks.
NBC News - 2d
Consumer confidence dented by stock-market worries and threat of Trump tariffs

The consumer-confidence index fell to a three-month low in December.
MarketWatch - 2d

The toy industry is bracing for the impact of Trump's promised tariffs

Topics

Related

The impact of tariffs on the U.S. toy industry

Trump's 25% tariff could be an existential threat to Canada's recovering auto industry

How Trump’s tariffs can generate both economic and political reform in China

Will Trump’s tariff threats protect the dollar’s dominance?

‘A hostage situation’: South Korea paralysed in fight against Trump tariffs

U.S. Crypto Industry Eyes Possible Day-One Trump Executive Orders

Brace! Risks Stack up For the Global Economy in 2025

Lego is reinventing its iconic brick sets and keeping the toy industry afloat

Consumer confidence dented by stock-market worries and threat of Trump tariffs

More from CBS News

Plane crash probe in Kazakhstan underway as speculation mounts about cause

Beyoncé's halftime show the highlight of a lackluster NFL Christmas slate

4 dead in New Hampshire from suspected carbon monoxide poisoning

Popular cat food recalled after death linked to bird flu

NYC taxi driver hits crowd outside Macy's on Christmas Day