US EditionToy Makers Nix Batteries, Other Materials to Save Costs During Tariff War
CANADA, JUL 23 – US tariffs on steel and aluminum have triggered Canadian countermeasures and forced toy makers to cut costs, with 80% of US toys sourced from China, The Toy Association said.
- Toy makers are cutting accessories, batteries, and packaging on products in 2025 to offset a 30% tariff on Chinese imports.
- The tariff, imposed by the US government amid escalating trade tensions, pressured companies like Hasbro and Mattel to revise supply chains and product designs.
- Manufacturers also reduce product variations and delay launches, with some citing that cost-cutting can reduce play value and consumer satisfaction.
- Jay Foreman, CEO of Basic Fun!, explained that customers will face either higher prices or reduced product quality, while Isaac Larian emphasized the importance of preserving the special experience that toys provide.
- These adjustments suggest ongoing challenges for the toy industry to balance affordability and quality while navigating complex tariff-induced cost pressures.
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Colorado Springs GazetteReposted by 
insideretail.com.au
insideretail.com.auToy makers nix batteries, other materials to save costs during tariff war
By Arriana McLymore and Nicholas P. Brown
·Colorado Springs, United States
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US tariff war: A counterproductive and outdated game
Editor's note: Zhou Jianjun is an assistant researcher at the Institute of State System Research and School of Economics, Zhejiang University. The article reflects the author's opinions and not necessarily the views of CGTN. It has been translated
·Beijing, China
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Total News Sources13
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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