96% of American toy companies are small and medium-sized. 45% to 46% predict they’ll go out of business in weeks or months due to Trump tariffs

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The Toy Association provided insight into the effects of tariffs on the industry through a survey that asked more than 400 member companies to assess the potential business impact of the 145% tariffs on Chinese toy imports.

The report revealed that 96% of American toy companies are small and medium-sized and that 45% to 46% predict they may go out of business within weeks or months due to the current tariff policy…

https://www.ien.com/video/video/22939600/trade-war-could-put-christmas-in-danger