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Trump's Tariffs Explained as the 90-Day Pause Set to End Next Week

  • President Donald Trump imposed tariffs on Chinese imports in April, leading to record toy price increases and warnings from economists of further rises amid trade policy uncertainty.
  • Data confirm tariffs on Chinese imports ranged from 30% to 145%, with 75% of U.S. toys made in China, highlighting extensive trade reliance.
  • Following the price rise, families buy fewer toys and retailers focus on bestsellers amid ongoing trade uncertainties.
  • With the July 8 tariff pause ending, analysts warn of ongoing policy uncertainty and potential wider cost increases for the toy industry.
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The Week broke the news in Washington, United States on Tuesday, July 1, 2025.
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