Toy Stocks Climb Following Trump's 90-Day Tariff Pause

Dow Jones

10 Apr

By Connor Hart

Toy stocks rallied after President Trump placed a 90-day pause on some of the reciprocal tariffs he unleashed this week.

In afternoon trading Wednesday, shares of Mattel rose 5.3% to $15.48, while shares of Hasbro climbed 6.1% to $53.80. Canadian toy maker Spin Master's stock price jumped 7% to $23.22.

Large toy companies took steps to diversify away from China--where about 80% of all toys are manufactured--following tariff threats during Trump's first term and supply chain snarls amid the Covid-19 pandemic. Recently, though, their shares came under pressure after new batches of tariffs became poised to hit the countries to which they had moved production, such as Indonesia, Mexico and Vietnam.

Toy makers warned that products would get more expensive as a result of the levies, as they weighed concerns ranging from just how high prices could go before shoppers cut back on buying toys to what countries from which they could source toy cars and playsets.

After facing pressure from business leaders, Trump took to his Truth Social platform on Wednesday afternoon to announce a 90-day pause on reciprocal tariffs for all trading partners except China. He said reciprocal tariffs will be lowered to 10% across the board, except for China, which now faces a 125% tariff.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

April 09, 2025 14:27 ET (18:27 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2526311010"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2526311010\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2526311010?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-10 02:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2526311010","market":"sh","top_or_hot":-1,"title":"Toy Stocks Climb Following Trump's 90-Day Tariff Pause","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Toy stocks rallied after President Trump placed a 90-day pause on some of the reciprocal tariffs he unleashed this week. \n</p>\n<p>\n  In afternoon trading Wednesday, shares of Mattel rose 5.3% to $15.48, while shares of Hasbro climbed 6.1% to $53.80. Canadian toy maker Spin Master's stock price jumped 7% to $23.22. \n</p>\n<p>\n  Large toy companies took steps to diversify away from China--where about 80% of all toys are manufactured--following tariff threats during Trump's first term and supply chain snarls amid the Covid-19 pandemic. Recently, though, their shares came under pressure after new batches of tariffs became poised to hit the countries to which they had moved production, such as Indonesia, Mexico and Vietnam. \n</p>\n<p>\n  Toy makers warned that products would get more expensive as a result of the levies, as they weighed concerns ranging from just how high prices could go before shoppers cut back on buying toys to what countries from which they could source toy cars and playsets. \n</p>\n<p>\n  After facing pressure from business leaders, Trump took to his Truth Social platform on Wednesday afternoon to announce a 90-day pause on reciprocal tariffs for all trading partners except China. He said reciprocal tariffs will be lowered to 10% across the board, except for China, which now faces a 125% tariff. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2025 14:27 ET (18:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toy Stocks Climb Following Trump's 90-Day Tariff Pause</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToy Stocks Climb Following Trump's 90-Day Tariff Pause\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-10 02:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Toy stocks rallied after President Trump placed a 90-day pause on some of the reciprocal tariffs he unleashed this week. \n</p>\n<p>\n  In afternoon trading Wednesday, shares of Mattel rose 5.3% to $15.48, while shares of Hasbro climbed 6.1% to $53.80. Canadian toy maker Spin Master's stock price jumped 7% to $23.22. \n</p>\n<p>\n  Large toy companies took steps to diversify away from China--where about 80% of all toys are manufactured--following tariff threats during Trump's first term and supply chain snarls amid the Covid-19 pandemic. Recently, though, their shares came under pressure after new batches of tariffs became poised to hit the countries to which they had moved production, such as Indonesia, Mexico and Vietnam. \n</p>\n<p>\n  Toy makers warned that products would get more expensive as a result of the levies, as they weighed concerns ranging from just how high prices could go before shoppers cut back on buying toys to what countries from which they could source toy cars and playsets. \n</p>\n<p>\n  After facing pressure from business leaders, Trump took to his Truth Social platform on Wednesday afternoon to announce a 90-day pause on reciprocal tariffs for all trading partners except China. He said reciprocal tariffs will be lowered to 10% across the board, except for China, which now faces a 125% tariff. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2025 14:27 ET (18:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2526311010","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526311010","pubTimestamp":1744223220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Toy stocks rallied after President Trump placed a 90-day pause on some of the reciprocal tariffs he unleashed this week.In afternoon trading Wednesday, shares of Mattel rose 5.3% to $15.48, while shares of Hasbro climbed 6.1% to $53.80. Canadian toy maker Spin Master's stock price jumped 7% to $23.22.Large toy companies took steps to diversify away from China--where about 80% of all toys are manufactured--following tariff threats during Trump's first term and supply chain snarls amid the Covid-19 pandemic. Recently, though, their shares came under pressure after new batches of tariffs became poised to hit the countries to which they had moved production, such as Indonesia, Mexico and Vietnam.Toy makers warned that products would get more expensive as a result of the levies, as they weighed concerns ranging from just how high prices could go before shoppers cut back on buying toys to what countries from which they could source toy cars and playsets.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4190":"消闲用品","MAT":"美国美泰公司","HAS":"孩之宝","BK4566":"资本集团","BK4585":"ETF&股票定投概念"},"translate_title":"特朗普暂停关税90天后玩具股上涨","themeId":"7836644f9eae281f86a65afe823a4a56","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HAS":0.9,"MAT":0.9},"content_text":"By Connor Hart \n\n\n \n\n\n  Toy stocks rallied after President Trump placed a 90-day pause on some of the reciprocal tariffs he unleashed this week. \n\n\n  In afternoon trading Wednesday, shares of Mattel rose 5.3% to $15.48, while shares of Hasbro climbed 6.1% to $53.80. Canadian toy maker Spin Master's stock price jumped 7% to $23.22. \n\n\n  Large toy companies took steps to diversify away from China--where about 80% of all toys are manufactured--following tariff threats during Trump's first term and supply chain snarls amid the Covid-19 pandemic. Recently, though, their shares came under pressure after new batches of tariffs became poised to hit the countries to which they had moved production, such as Indonesia, Mexico and Vietnam. \n\n\n  Toy makers warned that products would get more expensive as a result of the levies, as they weighed concerns ranging from just how high prices could go before shoppers cut back on buying toys to what countries from which they could source toy cars and playsets. \n\n\n  After facing pressure from business leaders, Trump took to his Truth Social platform on Wednesday afternoon to announce a 90-day pause on reciprocal tariffs for all trading partners except China. He said reciprocal tariffs will be lowered to 10% across the board, except for China, which now faces a 125% tariff. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 09, 2025 14:27 ET (18:27 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}