At the end of a cabinet meeting, the president allowed for the possibility that trade war could disrupt supply chains.According to a recent report from The New York Times, President Trump addressed the possibility of a trade war disrupting supply chains at the end of a cabinet meeting. He also had a message for the nation’s children, stating that they may have to make sacrifices for their country due to his tariff policies and the trade war with China. The president acknowledged that these policies may result in some empty shelves in stores, specifically in toy stores. He suggested that children may have to settle for fewer toys this year, and that those toys may cost more than usual. This statement, coming from a billionaire president with a golden office and triplex apartment, may seem grinchy, but it is a truthful assessment of the potential impact of the trade war. Many American toymakers and retailers have already started to pause their orders as the effects of the tariffs begin to ripple out, causing disruptions in supply chains. This could have a significant impact on the upcoming holiday season, as it takes months to manufacture, package, and ship products to the United States. Greg Ahearn, CEO of the Toy Association, has warned that there is a “frozen supply chain” that could put Christmas at risk if production does not start soon. He also stated that there is a high probability of a toy shortage this holiday season. So, children, be prepared for the possibility of fewer toys under the tree this year.
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