Trump tariffs stunt US toy imports as sellers play for time
- President Trump's tariffs on Chinese goods, including toys, took effect this year.
- The toy industry relies heavily on China for production of its goods.
- The tariffs, reaching 145% in April, drastically increased import costs.
- Some businesses halted shipments, and one executive said, "we stopped shipping goods into the US".
- The tariff changes may lead to higher prices and empty shelves this Christmas.
63 Articles
63 Articles
'I might just be done': Idaho woman says new Trump policy would kill her business
In November, Coree Carver finally signed contracts with retailers to sell her Southeast Asian-grown fruit into the United States. The Idahoan is the founder of Grove Fruit Growers, which grows mangos in Cambodia and processes them in Vietnam. After the COVID-19 pandemic brought her business to a halt, she moved her product to the Russian market — only to have to be forced out when Russia invaded Ukraine. Then as she worked to readjust her busin…
East Tennessee model train company fears industry shutdown amid tariff war
CLEVELAND, Tenn. (WATE) — The Trump administration's tariffs on China are affecting the hobby industry, including one small business in East Tennessee. President Trump has implemented 145% tariffs on Chinese imports. Scale Trains is a model train company based in Cleveland, Tennessee. Company president Shane Wilson said about 90% of model trains that are manufactured in China. Tennessee hemp dispensaries brace for fallout of bill banning TH…
Donald Trump is playing a role in Maine’s softening housing market
Portland realtor Tom Landry’s clients are acting fast and early this year to list their homes amid economic uncertainty. One of his clients is a couple looking to move abroad because of concerns with the administration of President Donald Trump. They have a son who works in the federal government and may lose his job, Landry, broker-owner of Benchmark Real Estate, said. The couple are two of many Maine homeowners now factoring in the long-term u…
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