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dalton99a

(91,852 posts)
Wed Apr 2, 2025, 11:06 PM Apr 2025

For anyone who buys toys this Christmas

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

...

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 Trump’s announcement that he plans a 34% increase in tariffs on Chinese imports has solidified his decision to hike prices. Most of the company’s 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.

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Silent Type

(12,412 posts)
1. Are there any desirable toys made in America under $49? But according to trumpsters, we'll all be rich by Xmas.
Wed Apr 2, 2025, 11:14 PM
Apr 2025

FoxNewsSucks

(11,480 posts)
6. Probably, but they won't care.
Wed Apr 2, 2025, 11:21 PM
Apr 2025

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

(12,412 posts)
8. No joke. I think $8 eggs are a thing of the past. Farmers/grocers will have to double the price to pay
Wed Apr 2, 2025, 11:30 PM
Apr 2025

for foreign toys. It’ll be like that for all products. Will be interesting to see how long trumpsters believe his lies when they can’t afford anything.

StarryNite

(11,965 posts)
2. Everybody gets hurt.
Wed Apr 2, 2025, 11:15 PM
Apr 2025

Many people won't be able to afford to buy. That in turn will hurt the companies as well as the consumers.

newdeal2

(4,701 posts)
4. It's a downward spiral
Wed Apr 2, 2025, 11:20 PM
Apr 2025

Less spending = less investment in existing jobs (aka layoffs) or expansion

Cutting federal funding for research , education, workers, etc = making the problem even worse


Jit423

(1,568 posts)
10. How about having a family project of making your own toys with the kids. They like pots and pans anyway.
Thu Apr 3, 2025, 06:21 AM
Apr 2025

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.

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