Reported about 4 hours ago
Toys are anticipated to see price increases of 15% to 20% by fall as new US tariffs on Chinese imports rise to 20%. The toy industry, heavily reliant on Chinese manufacturing, is struggling with rising costs and renegotiating prices, with some retailers questioning the good faith of suppliers rushing deliveries before the tariffs. Companies are looking for alternatives to manage costs, including local manufacturing, though many complexities remain.
Source: YAHOO