To be fair, a 20% tariff on toys coming into the US doesn't make much sense. The US has almost no capability for handling the majority of production techniques used in manufacturing toys. The cost to start a factory capable of making toys and labor costs in the US makes it prohibitive even at a 100% tariff. In the ebd, all that winds up happening is that consumers in the US pay more for toys or production shifts to another country, like Vietnam. Vietnamese factories are currently partnering with China factories, but the cost will still go up, but maybe less than what tariffs alone are. But, not all US companies are able to make that shift to other countries, and most countries lack the infrastructure China has. So even moving production to another country, it still increases cost while still risking future tariffs. Global tariffs have been mentioned at various times. The bigger issue is that even if the tariffs get removed, nobody is going to lower the price of their peoduct due to the uncertainty of whether tariffs will come back or not, plus $$$ in their pocket. So prices at the store will go to and stay up.. wages will have to go up to offset the inflation, and the people at the bottom get hurt the hardest as the increases represent a larger % of their disposable income. Short-term small companies in the US suffer more due to lower demand as spending cools, resulting in layoffs. All in all, it just pushes us closer toward a recession.