General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFor anyone who buys toys this Christmas
https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
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Basic Fun CEO Jay Foreman, whose company is behind such classic toys as Tonka trucks, Lincoln Logs and Care Bears, has been working hard to come up with new ways to cut tariff-related costs like reduce packaging and eliminate batteries with the products.
But Trumps announcement that he plans a 34% increase in tariffs on Chinese imports has solidified his decision to hike prices. Most of the companys toys are made in China. He said the Tonka Mighty Dump Truck will go from $29.99 to $39.99 this holiday season, possibly even $45.
There is no other way, he said.

Silent Type
(8,843 posts)dalton99a
(87,743 posts)FoxNewsSucks
(11,052 posts)Remember, they were willing to "sacrifice Granny" to get the economy going again during covid.
At this point, I fucking hate them all.
Silent Type
(8,843 posts)for foreign toys. Itll be like that for all products. Will be interesting to see how long trumpsters believe his lies when they cant afford anything.
StarryNite
(11,453 posts)Many people won't be able to afford to buy. That in turn will hurt the companies as well as the consumers.
newdeal2
(2,176 posts)Less spending = less investment in existing jobs (aka layoffs) or expansion
Cutting federal funding for research , education, workers, etc = making the problem even worse
dalton99a
(87,743 posts)dalton99a
(87,743 posts)Wonder Why
(5,331 posts)Jit423
(1,126 posts)Thake those iPhones out of tiny, tiny hands and have some real fun. Google the "How to make..." sites. Lots of free info there. Buy supplies now or clean up old pots and plastic tubs etc. For older family members, try to build model Teslas that work.