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We've been ripped off by every country all over the world
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They're laughing at us. They thought we were stupid people, and we were. President Trump's global tariff push is making waves
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but now his targeted pressure on one country is casting a shadow over Christmas 2025
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Although the holiday spirit of the season of giving is months away
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U.S. retailers start their prep now. Many toy makers source their goods from China
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resulting in 80 percent of gifts under the tree coming from Chinese manufacturers
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When Trump imposed 145 percent tariffs on China, the Toy Association says
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its 850 companies it works with felt the impact almost immediately. The organization surveyed more than 400 of their small and mid-sized companies
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50 percent said they could be out of business within months or even weeks
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Canceled shipment, supply chain disruptions are among the reasons owners cited. The Toy Association started the hashtag Keep Toys Tariff Free with hopes White House officials and U congressional leaders will put up a barrier We respectfully request that the administration protect childhood learning and development with
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zero-for-zero tariffs on toys as history and precedent support. China probably will eat those tariffs, but at 145, they basically can't do much business with
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the United States. And they were making from us a trillion dollars a year
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According to U.S. trade and tariffs data, U.S. imports totaled $438 billion and exports were just shy of $145 billion
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CEOs from three major box stores sat down with Trump, according to Axios
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In an April meeting, Walmart, Target and Home Depot warned the president that by the middle of May, shoppers could see empty shelves and price hikes
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Nearly a dozen businesses are taking President Trump and his administration to court
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claiming his tariffs break federal law and violate the Constitution. For Straight Arrow News, I'm Kaylee Carey
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For more on this story and other unbiased straight fact reporting on tariffs, head to san.com or download the Straight Arrow News mobile app
