U.S. shoppers are feeling the impact of tariffs as toy prices rise ahead of the holidays. Imports from China still dominate the U.S. toy market, worth around $41 billion.
Breakdown
- Toy prices rise due to 20% tariffs on imports, mostly from China 32s
- Popular toys like Barbie and Scrabble see significant price increases 43s
- Two-thirds of voters feel stressed about holiday affordability 1m 7s
- Forty percent of families are buying fewer gifts this season 1m 12s
- Three in four voters blame President Trump for higher holiday prices 2m 11s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.