Toy prices in the U.S. could jump as much as 50% after President Donald Trump implemented steep new tariffs on imports from China and Vietnam, the top two sources for toys sold in American stores. With tariffs reaching up to 54% on Chinese goods and 46% on Vietnamese imports, toy companies are warning of major price hikes ahead of the back-to-school season, leaving consumers—especially lower-income families—facing a heavier financial burden.