Complete Story
08/25/2025
Tariffs Push Toy Companies into Survival Mode
One family-run business won't have enough inventory for the holiday season
Kerry Addis and her father, Dana Silva, were in China visiting factories in April when they woke up to the news that threatened to devastate their family board game business: President Donald Trump announced that new tariffs on Chinese imports would hit 145 percent.
The panic set in over breakfast: “What just happened?” Kerry, the chief operating officer of WS Game Company, recalled asking Dana, who oversees manufacturing. “How do we move forward?”
Such a steep import tax would hammer the family-owned business, which licenses board games — such as Monopoly, Clue, Scrabble and Taboo — from Hasbro to produce upscale and collectible versions that are sold at 12,000 stores, including Target, Costco, Barnes & Noble, Anthropologie and thousands of small retailers.
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