NEW YORK — The US-China trade war has dealt a glancing blow to American toys, hitting putty and arts and crafts items, while sparing superhero action figures, toy cars and most best-selling offerings. About 40 Chinese booths are displaying with China Toy & Juvenile Products Association, including companies selling stuffed bears, trampolines, magnetic building blocks and flashing beads. The toy industry dodged a bullet last September, when finished toys were left off the list of expanded US tariffs. Toy Association Chief Executive Steve Pasierb said such broad tariffs look unlikely at this point US President Donald Trump has spoken more optimistically of a trade deal with Beijing. Toy industry consultant Richard Gottlieb considers US tariffs on finished toys "highly unlikely" and doesn't expect the current trade conflict to fundamentally change China's position in US toys.

Source: Philippine Star February 18, 2019 01:18 UTC