Toy Industry Faces Uncertain Christmas as Tariffs Take Hold

President Trump’s new tariffs on Chinese imports have sent shockwaves through the U.S. toy industry, with a staggering 145% duty threatening to disrupt production, raise prices, and potentially wipe out small manufacturers. On The Final 5 with Jim Lokay, Toy Association CEO Greg Ahearn breaks down what it all means for companies, parents, and this year’s holiday season.