Hasbro forecasts as much as $300 million impact if China tariffs don't come down
Hasbro board games are seen for sale at a Target store in Austin, Texas, on Dec. 12, 2023. If President Donald Trump's 145% levy against imports from China holds, Hasbro estimates it could see as mush as a $300 million hit to its bottom line. The toy maker posted better-than-expected earnings on Thursday, but investors and analysts were more focused on the ongoing trade war Trump's White House has waged against the toy industry's biggest manufacturer. Hasbro maintained the full-year guidance it issued last ...