Toy stocks surge as tariffs on Chinese imports are reduced, benefiting companies heavily reliant on China's supply chains

From CNBC: 2025-05-12 17:45:00

Shares of major toy makers surged after the U.S. agreed to temporarily reduce tariffs on China, including lowering a 145% levy on Chinese imports to 30%. Mattel rose over 10%, Hasbro up 6.5%, Jakks increased by 15%, and Funko soared 46.4%. The toy industry heavily relies on Chinese supply chains, impacting companies’ bottom lines.



Read more at CNBC: Toy stocks rally after levies slashed