The White House is extending the March 1 deadline to increase tariffs on Chinese imports, citing “substantial progress” in trade talks with China. While the news is positive, The Toy Association will continue to be actively engaged in the fight against tariffs through advocacy efforts with the Administration and Congress, and its involvement with the Tariffs Hurt the Heartland coalition.
On Sunday, President Trump said in a series of tweets: “I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1.”
While a timeframe for the delay has not been specified, The Toy Association expects additional information to be published a soon-to-be-issued federal register notice.
“The Toy Association expresses cautious optimism that trade talks will continue to progress in a positive manner, but we will continue to educate lawmakers on the negative impacts tariffs have been having and would have on toy companies,” said Ed Desmond, executive vice president of external affairs. “We will also continue to prepare for an aggressive advocacy and PR campaign against tariffs should the trade negotiations break down.”
The Toy Association’s external affairs team has been ever-vigilant in advocating for and protecting members’ businesses. Earlier this month, The Toy Association co-led a special Washington, DC fly-in event with the Americans for Free Trade Coalition (organizers of the Tariffs Hurt the Heartland Coalition). Over the course of two days, nearly two dozen toy industry executives joined other industry participants to urge government officials to oppose tariffs on Chinese imports and help small businesses across the country.
In 2018, the team ramped up its advocacy efforts to face this threat head on by playing a leading role in voicing the harmful effects about tariffs on toys by meeting with the Administration, key federal agencies, the U.S. Trade Representative, and on Capitol Hill. The Association led and participated in more than 50 meetings with key officials last year to illustrate how tariffs on toys could steal the joy of children’s holidays and birthdays by negatively impacting consumers and U.S. businesses.
Toy companies are encouraged to join advocacy efforts by:
- Sending a grassroots letter to federal representatives – it’s as easy as a click of the button. The letter can be edited to share personal anecdotes. It’s crucial for members of Congress to hear from constituents and understand the local impact of tariffs on their districts and states.
- Joining the Americans for Free Trade Coalition to help strengthen coalition efforts.
- Sharing their company’s story with The Toy Association. Anecdotal feedback from real people at real companies helps strengthen advocacy efforts on behalf of the entire industry.
For more information on how you can participate in The Toy Association’s advocacy efforts against tariffs, contact Rebecca Mond, vice president of federal government affairs.