Toy prices could jump 50% following Trump's tariffs on China, Vietnam

They know what we know, which is suddenly it flips from a buyer’s market to a seller’s market very quickly,

Blackwell said, adding

Ed, I need a car pronto and it’s got to happen by Sunday.”

On March 27, a Thursday, he told his firm’s car broker

One of the things my car broker said was that deals that were already written, some of the dealerships were ripping them up already and renegotiating them because they were afraid that they weren’t going to be able to get enough new inventory at a price anybody would buy,

he said

If you need a new car, if you can get that pre-tariff deal still, you should go get it, ... because who knows what next Wednesday might be like.”

he said

I have been telling my wife that for some time we were going to need to do it, ... and I was watching to see what the president did with tariffs.”

he said

I thought I’d bite the bullet, buy it now, and then that way I’ll have the latest technology on my laptop and don’t have to worry about the tariffs,

he said

I feel wrong raising prices when I work so hard to keep them down [or] lower, ... It feels like I should take on the burden as 'the cost of doing business,' but some items, I just simply don't have the margins to do that for. I'm also afraid that for wholesale companies we buy from, they'll raise prices to cover these extra fees, but the prices will never go back down after the tariffs are removed."

LeRay says, adding

These [tariffs] can't stay forever,

she says

It’s just not an industry that is built to be able to manage through a tariff of that magnitude,

Greg Ahearn, president and CEO of the association, told CNN

There's no place for it to go, but to the consumer,

Ahearn said,

You could have anywhere from 35% to potentially even a point-for-point price increase on products depending upon what margin those products run at,

The Toy Association's Ahearn said

Everyone is really in scramble mode,

Greg Ahearn, president and CEO of The Toy Association, told CNBC

As a result, relocating production may not be financially viable,

wrote Eric Handler, analyst at Roth, in a research note to investors published Thursday

I think the Vietnam situation will be a little bit easier to negotiate, as far as I think we will see the Vietnamese country and government come to the table quicker than China trying to resolve any trade disputes,

said Curtis McGill, co-founder of Hey Buddy Hey Pal, which makes the Eggmazing Egg Decorator, a crafting tool that spins eggs so kids can use markers to color them

The greatest budgetary impact on are the folks, unfortunately, who can afford it the least,

he said

Americans will likely have to pay more at the supermarket counter within the coming days while higher prices on everything from sneakers to furniture to cars could be felt in a matter of weeks,

according to economists and industry experts cited in a New York Post report