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Toy prices skyrocket as tariffs hit U.S. imports from China

Karina Mitchell

02:42

America’s toy industry is taking a hit. With nearly 80% of toys sold in the U.S. made in China, new tariffs have driven prices up at a record pace. In May alone, toy prices jumped 2.2%, the biggest monthly spike on record, far outpacing overall inflation. 

Even with a temporary pause in tariffs, the cost of fun is already climbing ahead of the holiday season.

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