Toy prices in the U.S. are expected to rise sharply as new tariffs on Chinese imports hit the heavily import-reliant toy industry.
From Barbie and Hot Wheels to Transformers, Nerf, and Monopoly – your favourite toys could soon come with a much higher price tag as tariffs shake up the shelves.
Mattel and Hasbro have both announced potential price hikes and warned of disruptions ahead, with Mattel already scaling back Chinese manufacturing.
Smaller brands like Basic Fun! say their toys could soon disappear from shelves, with prices possibly doubling by Christmas.
Industry leaders and executives are urging the administration to exempt toys from the steep tariffs, which they argue could devastate small and medium-sized companies.