Now that the tariffs have come down to about 30 percent, the flow of goods is happening, and it's just a question of, where is the tariff going to be absorbed? It's not just by toy makers.

President Donald Trump's tariffs have begun to have a tangible effect on many foreign-made goods, and toys will be hit hard.

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Toy seller Hasbro HAS.O has cut 3% of its global workforce in its latest cost-cutting effort amid higher U.S. tariffs on toys from China. The job cuts amount to about 150 employees.

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.

NPR's A Martínez talks with Jay Foreman, CEO of Basic Fun!, the company behind Tonka and Care Bears, about how President Trump's latest tariff decisions are impacting business.

America’s toy prices could rise later this year, particularly if higher tariffs take effect, Hasbro CEO Chris Cocks told on CNN’s Audie Cornish, host of “The Assignment” podcast.

New tariffs set to be implemented on Aug. 1 are looming — and consumers are taking action to avoid potential price hikes.

Retailers holding July sales to compete with Amazon’s Prime Day event are likely to employ several tactics to entice shoppers who are wary of tariff-based price hikes.