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How Many Toys Will Parents Buy for Their Kids This Christmas?
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How Many Toys Will Parents Buy for Their Kids This Christmas?

1 min read

Ynon Kreiz, the chief executive of Mattel, believes consumers squeezed by tariffs and inflation will cut back on other things before they skimp on Barbies and Hot Wheels.

When President Trump announced tariffs this spring, toymakers immediately began to worry about Christmas. A majority of toys sold in the United States are produced abroad, mainly in China. With American consumers already squeezed by stubborn inflatio... [1234 chars]

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Source: The New York Times

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