Hey everyone! If you love cool gadgets and fun vibes, here's the scoop: The US toy market is feeling the heat. With nearly 80% of toys sold in the US made on the Chinese mainland, new tariffs have triggered a record-breaking 2.2% price jump in May – the biggest monthly increase ever!
Even though tariffs are on a temporary pause, the rising costs are already hinting that holiday fun might come with a steeper price tag. 😬 This means that while your tech is evolving fast, even your favorite playtime essentials are getting pricier.
So, as you plan for a season of celebrations, keep an eye on your budgets and stay savvy about your spending. Economic shifts like these affect everyday prices, reminding us all to balance fun and finances smartly.
Stay informed, be thrifty, and rock the season with smart choices!
Reference(s):
cgtn.com
