Toys currently sit at a 0% import tariff (there is no U.S. domestic toy manufacturing industry left) and they'll stay that way until December 15th...
Or Trump changes his mind
pic.twitter.com/0j8dGrO407
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US Trade Representative has listed which products will be subjected to a tariff on September 1 and which won't be hit until December 15th. https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/august/ustr-announces-next-steps-proposed?fbclid=IwAR06SoZc_G37wM08vjox1BBjYsUFLb3QpJ1ZXC_6svkijx2Lmwk-6S0ISPE …
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Because of the instability in the tariff regime, it's hard to justify investing in changing the supply chain to avoid the tariffs. By December 15th, we could have moved production from China to Vietnam or Mexico, but who knows what the policies will be then. Wait and see.
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