Trump says tariffs could affect how much you buy for your child
President Donald Trump says tariffs on China could affect the costs of children’s products.
WASHINGTON – He wasn’t wearing a green suit and hat, but President Donald Trump sounded a Grinch-like warning, suggesting that American children might have to settle for fewer toys at Christmas due to tariffs on products from China.
Trump, who claimed China would bear the brunt of his tariffs, admitted at a cabinet meeting on April 30 that his duties could mean less products available to American families and more expensive.
“You know, someone said, ‘Oh, the shelf’s going to be open,'” he said. “Well, maybe kids have two dolls instead of 30 dolls. And maybe two dolls would cost them a few dollars than normal.”
Trump’s remarks came as retailers raised concerns that his tariffs could raise prices for new clothing, bicycles, toys and other products. Almost 80% of toys sold in the US are made in factories in China.
Trump argued that China is already experiencing “extremely difficult” because the factory is not doing enough business. But he said Americans don’t need much of the products that Chinese make.
“We have been fooled by every country in the world,” he said. “But I think China is the main thing.”
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