Trump’s Tariff Delay on Toys Has Hasbro Breathing Sigh of Relief

Good news for Hasbro, as President Trump has bowed to pressure and delayed the imposition of new tariffs on a wide variety of consumer products including toys until December 15th.

President Donald Trump bowed to pressure from U.S. businesses and concerns over the economic fallout of his trade war with China, delaying the imposition of new tariffs on a wide variety of consumer products including toys and laptops until December.

This decision gives Hasbro more time to look at their global sourcing plans, and their shares rose accordingly with their biggest gain in three weeks.

SOURCEBloomberg.com
James is an active member of the Star Wars collecting community, and is the Brand Director for Jedi News. James is also the host of the Star Wars Collectors Cast, and co-host of RADIO 1138 on the Jedi News Network.