The chief strategist of the Slatestone wealth market, Kenny Polcari and the CEO of Capital Advisor to Verance, Leo Kelly, weighs on the price plan for President Donald Trump and his impact on the economy.
Some American American toilet companies are experiencing a boost and increases national manufacturing among President Donald Trump’s import rates.
Fox Business’ Lauren Simonetti Tuesday that Simplay3, based in Ohio, “hired 10% of additional workers and directed this 24/7 operation to manufacture its products.
The company produces slides, playing houses, play tables and a multitude of Other children’s toys Using a “rotation molding” process in its installation in the northeast of Ohio, according to its website.
Lauren Simonetti de Fox Business reports the several ways that American players benefit from President Donald Trump’s prices.
The creation of toys in America helped Simplay3 to maintain its prices down in the middle of the Trump administration’s pricing efforts, Simonetti reported.
Trump says that new prices will bring furniture back to the United States; Experts are skeptical
Electronic commerce director Simplay3, Matthew Murdough, the advantages of the American consumer’s advantages told Fox Business on an additional $ 100 “.
“Our prices will remain the same,” he said.
“We have consciously made an effort, as a small business, we can do, we can make a conscious effort to start designing products below $ 100, which are $ 79, which are $ 49, and now we see that we reduce sales in volume, not necessarily by the price, but that is also what the consumer is looking for right now,” said John Hradisky, Company products, also said.
Another company, CRA-Z-art, announced last week that it planned to strengthen its manufacturing of toys in America by increasing its American manufacturing space by 50% to “fight against the cost of prices for goods imported from China and other countries”.
This movement will raise the domestic manufacturing space of the toy, art and school art to 1.5 million square feet of its 1 million square feet, according to CRA-Z-art. Its American factories are located in Lewisburg, Tennessee and Jacksonville, Florida.
“Based on the current economic climate, we take decisive measures to develop and invest in American manufacturing,” said CRA-Z-art president Lawrence Rosen, in a press release. “We are fortunate to set up the infrastructure and the capacity to increase quickly Toy and school supply Production as well as the manufacturing space here in the United States. “”
Trump announces 25% of Venezuela petroleum and gas rate on Aragua
He declared that expansion “will greatly benefit our retail partners by allowing us to market the products faster and more profitable” and to bring savings to consumers.
Trump administration has placed a new import rate China At the beginning of March, led to the goods from the United States from the country at 20%.
President Donald Trump crosses the southern lawn to get on a navy One at the White House on March 7, 2025. (Kayla Bartkowski / Getty Images / Getty Images)
Canada and Mexico were also struck with 25% prices at that time, but Trump then introduced exemptions for these two countries on goods under the United States-Mexico-Canada agreement until early April.
Companies may have to transmit high beef prices to consumers
Toys made in China represent almost 80% of toys purchased in the United States, the Associated Press reported, citing figures from the toy association.
The CEO of the Toys Association, Greg Ahearn, said The prices could lead to an increase in toy prices for American consumers later in the year, depending on the point of sale.
Toys made in China represent almost 80% of toys purchased in the United States, reported the Associated Press. (Istock / Istock)
The US Toy Trade Association and others around the world have called for toys to “be excluded from all prices while the United States and its business partners are working to renegotiate better commercial offers”, according to a press release from the Association des Totes.
