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Tag Archives: Chinese Tariffs

Hasbro Claims Chinese Tariffs Couldn't Come At A Worse Time

Via an article at Yahoo! Finance, Hasbro claims that the Chinese tariffs couldn’t come at a worse time. They also claim it would put American kids at risk, which seems like an overstatement.

“This could not come at a worse time for our industry. We, and the U.S. toy industry overall, are facing serious headwinds from the recent bankruptcies of two major toy retailers, K-Mart and Toys ‘R’ Us, which have already put an estimated 30,000 U.S. jobs at risk,” said Kathrin Belliveau a senior vice president at Hasbro, in comments submitted to USTR ahead of the hearing.”

But they said something quite differently a couple of months ago. (more….)

Full Story

Posted in Hasbro

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