How fear of Trump's China tariffs will cushion a toy company from coronavirus outbreak supply issues

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Fear of impending China tariffs may have actually given some toymakers a cushion against early impacts from the recent coronavirus outbreak.

Many toy companies brought extra product to the U.S. at the end of 2019 in order to get "under the wire" of future tariffs.

"We're heavy on inventory right now, which is great," he said during CNBC's "Squawk on the Street. "If there's a delay of two, four, six weeks in getting the flow going again, we should be able to cover that. The real challenge is if this starts to creep into April, May and June. Then it's going to to really be a disruption."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines