
President Donald Trump’s trade wars continue to create global turmoil and churn for financial markets. Monday, May 12th’s move—a temporary suspension of his “Liberation Day” bombast and 90-day pause until massive tariffs are fully imposed on China—seemed in part prompted by warnings of a dire toy shortage and the sour reaction to Trump blathering about … dolls.
Incoherent as it sounds, it so happens that toys geared to girls indeed are among the consumer products most likely to be subject to an upcharge—tariff mania notwithstanding.
Now in the face of Trump’s tariff frenzy, reports indicate we can expect to see yet another version of the pink tax—aka “pink tariffs”—given that women make the vast majority (80 percent) of all consumer purchases.