US EditionDonald Trump Is Already Ruining Christmas
- President Donald Trump imposed steep tariffs on Chinese imports months before the 2024 holiday season begins, disrupting supply chains across industries reliant on seasonal production.
- The tariffs came after an extended dispute with China and led to lawsuits claiming the administration exceeded its legal authority granted by the International Emergency Economic Powers Act.
- Toy manufacturers and retailers, including those heavily dependent on Chinese imports, warn they face canceled orders, delayed shipments, inventory shortages, and price hikes affecting Christmas products.
- Greg Ahearn, CEO of the Toy Association, warned that ongoing supply chain disruptions threaten the holiday season, while Jim McCann anticipated higher prices and a reduced selection of products.
- These disruptions could lead to reduced product availability, higher consumer costs, and potential business closures, making this holiday season unusually challenging in U.S. Retail markets.
23 Articles
23 Articles
Toy shortages are in the pipeline as U.S. firms cancel orders with tariffs putting Christmas 'at risk'
The vast majority of American toy companies are canceling and delaying orders amid prohibitively high tariffs on China, which makes nearly 80% of all toys sold in the U.S. An industry group warned the toy supply chain is frozen, threatening to drive many firms out of business and putting Christmas "at risk" this year. For consumers, the holiday shopping season starts in about six months. But for retailers and manufacturers, it's already Christma…
Bradford Today
'Save Santa's supply chain': Spin Master to reduce China production due to tariffs
TORONTO — Canadian toy manufacturer Spin Master Corp. is pleading to "save Santa's supply chain" in the wake of U.S. President Donald Trump's tariffs.
Stratford gift and décor shop braces for impact of tariffs
Small businesses across the country and in Connecticut are bracing for the impacts of tariffs. Mellow Monkey in Stratford sells a wide variety of gifts and décor. While prices haven’t changed yet, store owner Howard Aspinwall believes the impact of 145% tariff on Chinese goods could hit around the holiday time, the store’s busiest time of the year. Aspinwall said...
Tariff trouble in toyland: Retailers feel the impact as they prepare for Christmas
It’s not exactly time for most Americans to prepare their gift list for Christmas, but for some U.S. retailers, President Donald Trump’s tariffs are already dimming the holiday spirit. China is a powerhouse for producing the majority of the toys and gadgets many put under the tree. #KeepToysTariffFree The 145% tariffs against China led The Toy Association to start the hashtag “KeepToysTariffFree” in hopes that the White House and congressional …
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