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Stock impact report

From Bratz dolls to Krusty the Clown: How Trump tariffs are hurting L.A. toy makers [Los Angeles Times (CA)]

JAKKS Pacific, Inc. (JAKK) 
Last jakks pacific, inc. earnings: 2/19 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: jakks.com/investors
So the billionaire entrepreneur figured “common sense” would prevail in his second term, despite the president's campaign to impose tariffs as a way of resuscitating American manufacturing. It hasn't worked out that way, stunning the founder and chief executive of MGA Entertainment, the Chatsworth company that makes its popular Bratz and L.O.L. Surprise dolls and other toys mostly in Asia. A little more than half of MGA's products are made in China, which on Tuesday vowed to take countermeasures against the United States after Trump threatened an additional 50% tariff on Chinese imports. “Look, I'm not against Trump,” he said. “I think he really genuinely cares for the U.S.A., but it's wrong to put these tariffs on toys. A lot of toys cannot be made here. What's going to happen is the following: Let's say a toy that was sold for $10 now will be $20, right? That means that a lot less people can afford it, which means layoffs, which means a small toy company is going out of busine Show less Read more
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