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Tag Archives: China

Toys taken off tariff table until December as US revises its taxation approach

In yet another development for the dramatic trade war between China and the US, a delay has been placed on a second tier of tariffs caught up within Trump’s fourth tranche of taxation on Chinese goods, exempting toys until at least December 15 this year. The Office of the United …

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MGA issues warning to world’s counterfeiters after factory raid seizes 20,000 knock-off toys in China

MGA Entertainment has issued a warning to counterfeiters of the toymaker’s portfolio of products and the retailers that stock them, redoubling its efforts to bring the lawbreakers to justice. The announcement was made by the company’s CEO, Isaac Larian, following a raid on a Chinese toy factory during which a …

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Trump’s 10 per cent tax on $300bn of China goods (including toys) to begin September

Almost as abruptly as it was taken off the table one month ago, US President Donald Trump has announced that the threatened next round of tariffs will come into effect on goods shipped from China by September 1. It was only a matter of weeks ago that the industry’s concerns …

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“25 per cent tariffs on toys will devastate our industry,” comes cry as trade war rages on

The Office of the United States Trade Representative has revealed that it has been ordered to “begin the process of raising tariffs on essentially all remaining imports from China, valued at approximately $300 billion.” The details emerges just days after US president Donald Trump more than doubled tariffs on $200 …

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Trump raises tariffs on Chinese imports to 25 per cent as trade war escalates

The US has doubled tariffs tariffs on $200bn worth of Chinese products, escalating the ongoing trade war to a whole new level. Tariffs on affected Chinese goods have risen to 25 per cent from 10 per cent, while Beijing has vowed to retaliate, China has said it “deeply regrets” the …

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Trump threatens 25 per cent tariffs on all China exports as trade war raises its head again

Talks purporting to the raise of further tariffs on Chinese imports have emerged from the White House once again, sending financial markets across the globe into a decline. The surprise tweets from Donald Trump suggesting the move saw stocks in Europe and the US fall, following a sharp retreat in …

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Funskool’s exports to surge 50 per cent as Indian toymakers profit from US-China trade war

The Indian toy manufacturer, Funskool is eyeing significant growth for its export business this year, thanks to the launch of its newest facility in Ranipet, India. The firm, that manufactures its own toy brands from its headquarters in Chennai and distributes brands such as Hasbro, Disney and Takara Tomy across …

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