Toy prices rose 2.2% between April and May, a change attributed mainly to tariffs imposed during Donald Trump's presidency, affecting the vast number of toys made in China. With the toy industry relying heavily on low-cost imports, prices are expected to rise further, impacting parents who already feel overwhelmed by toy clutter at home. The article discusses the mixed feelings among parents regarding these price changes, highlighting the potential for fewer, higher-priced toys as a way to manage excess.
Donald Trump's tariffs on imports, especially from China, have led to a 2.2% increase in toy prices, forcing parents to reconsider toy purchases.
The rising cost of toys reflects broader economic trends and could indicate that other sectors will soon see similar price hikes due to tariffs.
Collection
[
|
...
]