The CEO of Steve Jackson Games, maker of board, card and role-playing games such as the Munchkin line and GURPS, called the 54 percent tariff on goods imported from China a "seismic shift" for the industry. Meredith Placko said, "A product we might have manufactured in China for $3.00 last year could now cost $4.62 before we even ship it across the ocean. Add freight, warehousing, fulfillment, and distribution margins, and that once-$25 game quickly becomes a $40 product. That's not a luxury upcharge; it's survival math."
In March, Hasbro CEO Chris Cocks that "when you're talking about tariffs in the neighborhood of 20 percent plus, that's a cost that we can't fully accommodate. It will have to be passed on."
Yep... biggest loss since, well, since last time Trump was in the WH.
(there may be a pattern here!)
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