CNN —
America’s toy prices could rise later this year, particularly if higher tariffs take effect, Hasbro CEO Chris Cocks told CNN’s Audie Cornish, host of “The Assignment” podcast.
Cocks said on this week’s episode of “The Assignment” that America’s current 30% minimum tariffs on China and apparent agreement to place 20% tariffs on Vietnam’s goods are “pretty significant,” but not unexpected. China and Vietnam are Hasbro’s main international suppliers.
“We’ve been around for a while,” Cocks said. “We take a long-term view of things, and so our general reaction is: Be agile,
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