‘How do I plan for this?': Local toy store braces for tariff impact

For kids everyday toys are about to become a luxury that s because tariffs are about to drive these prices up According to the Toy Association a leading industry group nearly of toys are made in China That means American families could expect everyday toys to double to triple in price Small business owners are preparing for the future and advise shoppers to shop local How do I plan for this That s what s going through my mind right now mentioned Amy Rutherford the owner of Pippin Toy Company in Alexandria Virginia Prices are going to go up We don t know when or how or which products and we are struggling to figure that out A multitude of small business owners are prepping ahead of the holidays where toy prices could be far too expensive for consumers The tariff rate is only expected to grow as a tariff war escalates between China and the U S So we don t know how much product we can bring in at a higher cost Rutherford announced We don t know what our vendors are gonna be making