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The Wall Street Publication > Blog > Economy > China tariffs means ‘Christmas is in danger,’ toy business CEO says
Economy

China tariffs means ‘Christmas is in danger,’ toy business CEO says

Editorial Board Published April 16, 2025
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China tariffs means ‘Christmas is in danger,’ toy business CEO says
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FOX Enterprise’ Lauren Simonetti experiences on the a number of methods American toymakers are benefiting from President Donald Trump’s tariffs.

A toy business CEO is sounding the alarm about what influence tariffs on China might have on Christmas within the U.S.

“No toys are currently being produced in China. And there are reports that major retailers here in the U.S. are starting to actually cancel orders. So, Jake, Christmas is at risk,” Greg Ahearn, The Toy Affiliation President and CEO, stated on CNN’s “The Lead with Jake Tapper,” on Tuesday, in keeping with The Hill. 

Ahearn stated the 145% tariffs on China might improve costs of video games, dolls, vehicles and different toys by 15-20% by the autumn, FOX TV stations reported, which attributed The Toy Affiliation to saying almost 80% of the toys offered within the U.S. are sourced from China. 

“The Toy Association is aggressively advocating for a tariff exemption for toys and your input helps us make the strongest case possible,” Kathrin Belliveau, chief coverage officer at The Toy Affiliation, stated in a press release on Monday. “With tariffs of this magnitude on the table, it is more important than ever for us to understand how your business will be affected.”

CHINA HALTS BOEING JET ORDERS

Employees produce plush toys on the market to international locations alongside the Belt and Street at a toy firm’s manufacturing line in Lianyungang, Jiangsu province, China, on April 11, 2025. (CFOTO/Future Publishing / Getty Photographs)

The not-for-profit commerce affiliation that represents greater than 950 companies within the business is hopeful as a result of a White Home rule applied final week that exempts some electronics from Chinese language import tariffs. 

Final month, some U.S. toy making firms stated they had been experiencing a lift and growing home manufacturing amid President Donald Trump’s import tariffs.

CANADA TO BEGIN TARIFF TALKS WITH TRUMP ADMIN AFTER APRIL 28 ELECTION, PRIME MINISTER SAYS

Chinese-made toys at California Target

Chinese language-made toys are displayed on a shelf at a Goal retailer on April 8, 2025, in Sausalito, California. (Justin Sullivan / Getty Photographs)

FOX Enterprise’ Lauren Simonetti reported that Ohio-based Simplay3 was “hiring 10% more workers and running this operation 24/7” to make its merchandise. 

The corporate produces slides, playhouses, play tables and a slew of different kids’s toys utilizing a rotational molding course of at its facility in northeastern Ohio, per its web site. 

Chinese solar toy factory

An worker works at a toy manufacturing facility specializing in solar-powered plastic devices in Yiwu, China’s japanese Zhejiang province, on April 11, 2025. (ADEK BERRY/AFP / Getty Photographs)

Cra-Z-Artwork introduced it deliberate to ramp up its toy making in America by growing its U.S. manufacturing area by 50% to “combat the cost of tariffs for imported goods from China and other countries.”

CLICK HERE TO READ MORE ON FOX BUSINESS

That transfer will carry the toy, artwork and college provides maker’s home manufacturing area to 1.5 million sq. toes from its present 1 million-plus sq. toes, in keeping with Cra-Z-Artwork. Its U.S. factories are positioned in Lewisburg, Tennessee, and Jacksonville, Florida. 

FOX Enterprise’ Aislinn Murphy contributed to this report. 

TAGGED:CEOChinaChristmasIndustrymeansrisktariffstoy
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