Toy shortages are in the pipeline as U.S. firms cancel orders with tariffs putting Christmas ‘at risk’

Quick Summary:

According to a recent survey from the Toy Association, 80% of mid-sized companies and 64% of small companies are canceling orders.

In addition, 87% of mid-sized companies and 81% of small companies are delaying orders.

For his part, President Donald Trump acknowledged on Wednesday that his tariffs could impact the availability of toys, but downplayed the severity.

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Article Details

Author / Journalist: Jason Ma

Category: EconomyBusiness

Markets: United StatesChina

Topics: Tariffs and trade Holiday shopping Toys

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 15:34:23 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 509 words

Reading Time: 3 minutes read

Sentences: 6 lines

Sentence Length: 85 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28322623

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Official Website: fortune.com

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News Last Updated: 8 hours ago

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