The American Toy & Game Association president and CEO Greg Ahearn said that Trump's 145% tariff on China is likely to make it hard for American children to have a good Christmas.
In an interview with CNN, Ahearn said that U.S. companies cannot match the production scale of Chinese factories because 96% of American manufacturers are small and medium-sized enterprises. He直言ly stated that only a small portion of toys are produced in the United States, and it will take quite some time for U.S. manufacturers to catch up with their Chinese counterparts in terms of production speed. "It takes three to five years to build production capacity and specialized production," he said. (Source: The Hill)
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