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Inside a Chinese Toy Factory - The 90-day Race
Bloomberg Televisionยท2025-06-24 23:17

Trade War Impact on Toy Industry - Manufacturers are accelerating shipments to the U S to avoid tariffs imposed by President Trump on China [1] - The toy industry faces significant tariff impacts, especially for companies with a majority of clients based in the U S [1] - Mattel warned that tariffs on Chinese goods could lead to higher prices for consumers [2] Company Strategies & Responses - Some toy factories are considering relocating facilities to Southeast Asia to bypass tariffs [3] - One toy factory is establishing a new manufacturing base in Vietnam, expected to begin operations in July [3] - A toy company based in Illinois, Learning Resources, has filed a lawsuit against President Trump, alleging he exceeded his presidential authority [3] Market & Manufacturing Dynamics - Thousands of factories in China have been affected by the trade war [2] - A company's employees in Shenzhen are working overtime to take advantage of the current U S -China truce [4]