The Toy Association has expressed concern that toys could be swept up in yet another bout of imposed tariffs amid the ongoing US-China trade war.
Ten percent tariffs on $200 billion worth of Chinese imports went into effect September 24. On the same day, China imposed retaliatory tariffs on $60 billion of U.S. goods, which will negatively impact made-in-America exports, including U.S. toys.
The administration previously threatened that it would immediately pursue tariffs on approximately $267 billion of additional imports should China retaliate. Toys are likely to be on the potential list of additional tariffs.
The $200 billion list of Chinese imports does not include finished toys, though it includes children’s furniture, such as chairs; arts and crafts items; juvenile products; children’s hats; and more. On January 1, tariffs on these goods will increase from 10 to 25 percent.
The Toy Association continues to strongly oppose tariffs, advocating to the U.S. Trade Representative (USTR) and on Capitol Hill to ensure officials understand the "profoundly negative impact of tariffs on American companies and jobs."
The Toy Association is also part of Americans for Free Trade, a multi-industry coalition that opposes tariffs and highlights the benefits of international trade to the U.S. economy.
Toy Association staff has spoken on behalf of the industry to news media and has been working to connect toy companies with reporters so that they can share stories about the harmful impact of tariffs on their businesses.
Companies are encouraged to join advocacy efforts by:
- Sending a grassroots letter to federal representatives – it’s as easy as a click of the button. The letter can be edited to share personal anecdotes. It’s crucial for members of Congress to hear from constituents and understand the local impact of tariffs on their districts and states.
- Joining the Americans for Free Trade Coalition to help strengthen coalition efforts.
- Sharing their company’s story with The Toy Association. Anecdotal feedback from real people at real companies helps strengthen advocacy efforts on behalf of the entire industry.