Tariffs Drive U.S. Toy Prices Soaring on Chinese Mainland Imports
Toy prices in the U.S. jumped 2.2% in May as tariffs on imports from the Chinese mainland drive costs up, outpacing overall inflation and foreshadowing pricier holiday gifts.
HolidaySeason
Read More
Tariff Rollback Brings Holiday Relief for U.S. Toy Makers
U.S. toy makers welcome a 90-day rollback of tariffs on goods from the Chinese mainland, cutting duties from 145% to 30% and easing holiday inventory and price pressures.
China Gears Up for Tourism Boom as Chinese New Year Approaches
China’s tourism sector is preparing for a surge during the Chinese New Year, offering discounts and free access to attract holiday-makers.
U.S. COVID-19 Cases Spike Ahead of Holiday Season
With the holidays near, COVID-19 cases in the U.S. are surging. VP Mike Pence remains hopeful that the pandemic will soon be behind us.