Reported about 18 hours ago
Hasbro CEO Chris Cocks indicated that consumers may soon face higher prices for toys as a result of new tariffs imposed by the Trump administration. With approximately 80% of U.S. toys produced in China, these tariffs could lead to price increases of up to 50% in some cases, especially if more production shifts back to the U.S. Various retailers have also signaled concerns regarding the impact of these tariffs on their margins and consumer spending.
Source: YAHOO