Hasbro Confirms Collectors will be the Ones Most Impacted by Tariffs

A new toy for little Jenny or Joey may be pricier very soon as Trump tariffs ripple through a mostly China-based toy supply chain.

The US government has gone through with its tariff threat yesterday with more reciprocal tariffs to come April 2nd. While yesterday's tariffs impacted China, the ones starting April 2nd may impact Vietnam and both these tariffs will impact our Transformers hobby most. Chris Cocks was interviewed specifically about tariffs as it relates to Transformers toys. During this quick interview, Chris Cocks confirmed 2 things:

- Any additional cost due to tariffs will be passed on to the consumer
- To avoid a high price hike on toys targeting mainly kids, toys that target collectors will have the larger price increase

Also, while the tariffs have been put in place partly to stimulate manufacturing to return to the US, Cocks emphasized that the reason the factories are outside the US is due to the low wages. Just to give you an idea of how low, the minimum wage in Vietnam is $0.94 per hour. So coming back to the US is just not an option for them.