Overview

• President Trump suggested parents may need to buy fewer, costlier toys for their children due to tariffs on Chinese imports.
• Stephen Miller defended the president’s comments, arguing that American-made toys are higher quality and worth the higher price.
• Miller claimed tax and regulation cuts under the Trump administration would make U.S. manufacturing more affordable despite rising tariffs.
• The Toy Association warned that frozen supply chains caused by tariffs could result in a significant toy shortage during the holiday season.
• Chinese factories currently produce 80% of toys and 90% of Christmas goods sold in the U.S., making the industry highly vulnerable to tariff impacts.