US and China Pledge to Reduce Toy Tariffs Ahead of Christmas Season

The United States and China pledged to reduce tariffs on toys ahead of the Christmas shopping season, potentially easing supply chain pressure for manufacturers and retailers. The announcement extends momentum from Chinese President Xi Jinping's recent state visit to Washington, which concluded with an extension of the US-China trade truce through January 10, 2027. The toy tariff reduction signals continued trade diplomacy between the two countries in the lead-up to the holiday season.