Toy Association President and CEO Greg Ahearn issued a grave warning on CNN in a recent appearance, saying President Trump’s high tariffs on Chinese imports threaten to disrupt the holiday season. Since China produces most of the world’s toys, Ahearn said the U.S. supply chain is not equipped to deal with the new reality.
What Happened: “No toys are currently being produced in China,” Ahearn said on Tuesday, observing that U.S. retailers are already canceling orders.
He emphasized that most domestic toy makers are small or mid-sized businesses …
Full story available on Benzinga.com
Toy Association President and CEO Greg Ahearn issued a grave warning on CNN in a recent appearance, saying President Trump’s high tariffs on Chinese imports threaten to disrupt the holiday season. Since China produces most of the world’s toys, Ahearn said the U.S. supply chain is not equipped to deal with the new reality.
What Happened: “No toys are currently being produced in China,” Ahearn said on Tuesday, observing that U.S. retailers are already canceling orders.
He emphasized that most domestic toy makers are small or mid-sized businesses …
Full story available on Benzinga.com
Toy Association President and CEO Greg Ahearn issued a grave warning on CNN in a recent appearance, saying President Trump’s high tariffs on Chinese imports threaten to disrupt the holiday season. Since China produces most of the world’s toys, Ahearn said the U.S. supply chain is not equipped to deal with the new reality.
What Happened: “No toys are currently being produced in China,” Ahearn said on Tuesday, observing that U.S. retailers are already canceling orders.
He emphasized that most domestic toy makers are small or mid-sized businesses …Full story available on Benzinga.com Read MoreChina, News, USA, Global, Economics, Markets, General, News, Global, Economics, Markets, General, Benzinga Markets
