This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: China tariffs means ‘Christmas is in danger,’ toy business CEO says
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
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
Share
China tariffs means ‘Christmas is in danger,’ toy business CEO says
SHARE

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

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

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
Share This Article
Twitter Email Copy Link Print
Previous Article SOLD! Sister Wives Lastly Rid Themselves of Coyote Cross SOLD! Sister Wives Lastly Rid Themselves of Coyote Cross
Next Article Is it Nonetheless Protected and Dependable? Is it Nonetheless Protected and Dependable?

Editor's Pick

James Ransone Reason for Demise: ‘The Wire,’ ‘It’ Star Passes Away at 46

James Ransone Reason for Demise: ‘The Wire,’ ‘It’ Star Passes Away at 46

Studying Time: 2 minutes Actor James Ransone — who was greatest recognized for his function on the acclaimed HBO collection…

By Editorial Board 3 Min Read
Epic Gamer Grandma Reason behind Demise: Beloved TikTok Star Was 78
Epic Gamer Grandma Reason behind Demise: Beloved TikTok Star Was 78

Studying Time: 2 minutes The TikTok star often known as Epic Gamer…

2 Min Read
Janelle Brown Discusses Leaving ‘Sister Wives’ in Emotional Publish
Janelle Brown Discusses Leaving ‘Sister Wives’ in Emotional Publish

Studying Time: 3 minutes Janelle Brown is a former sister spouse. However…

4 Min Read

Oponion

Justice Division smothers Biden-era police reform offers

Justice Division smothers Biden-era police reform offers

President Donald Trump’s Justice Division on Wednesday scrapped police reform…

May 22, 2025

Amid large crowds, journey do’s and don’ts for DC cherry blossom season as blooms peak

The cherry blossom bushes in Washington,…

March 30, 2025

How did Juneteenth get its title? Here is the story behind the vacation’s title

June 19, 2025, marks the fourth…

June 19, 2025

California college students and college be part of nationwide protest of Trump’s crackdown on larger schooling

College students and college throughout California…

April 18, 2025

Republicans pressured to beg Trump to assist their state after he mentioned no

Republican Gov. Sarah Huckabee Sanders of…

April 23, 2025

You Might Also Like

0k cargo of reside lobsters hijacked en path to Midwest Costco areas
Economy

$400k cargo of reside lobsters hijacked en path to Midwest Costco areas

Try what's clicking on FoxBusiness.com. A $400,000 cargo of lobsters headed for Costco areas in Illinois and Minnesota was hijacked…

4 Min Read
Jack within the Field shut down greater than 70 shops with extra anticipated by yr’s finish over monetary struggles
Economy

Jack within the Field shut down greater than 70 shops with extra anticipated by yr’s finish over monetary struggles

Try what's clicking on FoxBusiness.com. Jack within the Field plans to shut dozens of eating places by the top of…

3 Min Read
Vacation barks offered at Aldi recalled over potential undeclared pecans, wheat: FDA
Economy

Vacation barks offered at Aldi recalled over potential undeclared pecans, wheat: FDA

Take a look at what's clicking on FoxBusiness.com. A recall of 5-ounce vacation bark merchandise offered at Aldi shops throughout…

3 Min Read
Mortgage charges fall forward of Christmas vacation
Economy

Mortgage charges fall forward of Christmas vacation

'The Huge Cash Present' panel analyzes the state of the housing market after mortgage charges fall to a one-year low.…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?