US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

US toy prices are surging ahead of the holiday shopping season. Cash-strapped U.S. consumers are facing a significant squeeze in their shopping budgets due to a double whammy of tariffs and high energy costs. These economic pressures, linked to tariffs and the Iran war, are impacting the affordability of toys as the holiday period approaches, leaving many shoppers struggling to manage their expenses amidst rising costs and geopolitical tensions affecting the global market.