#Latest news with #PetsAliveBloomberg15-04-2025BusinessBloombergMade-in-China Toy Billionaire Says Tariffs Will Double US PricesToy billionaire Nick Mowbray said President Donald Trump's tariffs have 'paralyzed' his company and left it with little choice but to pump up retail prices in the US. Mowbray's Zuru Group manufactures toys like Pets Alive and XShot plastic dart blasters, to Millie Moon and Rascals diapers in China — and sells them in US outlets including Walmart Inc. and Target Corp.
Bloomberg15-04-2025BusinessBloombergMade-in-China Toy Billionaire Says Tariffs Will Double US PricesToy billionaire Nick Mowbray said President Donald Trump's tariffs have 'paralyzed' his company and left it with little choice but to pump up retail prices in the US. Mowbray's Zuru Group manufactures toys like Pets Alive and XShot plastic dart blasters, to Millie Moon and Rascals diapers in China — and sells them in US outlets including Walmart Inc. and Target Corp.