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flag US toy industry fears potential tariffs on Chinese imports could raise prices and slash sales.

flag US toymakers are worried about potential tariffs on Chinese imports, as proposed by President-elect Donald Trump, which could lead to price hikes and reduced sales. flag CEO of Basic Fun!, Jay Foreman, warns that the industry is in "panic mode," fearing a 60% tariff could make toys more expensive at retailers like Walmart and Target. flag While some companies consider moving production to other countries, there's no guarantee they won't face similar tariffs. flag Domestic production is often too costly for companies and consumers.

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