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NASCAR diecast licensee Lionel adds tariff surcharge amid unfolding trade war
Sports Business Journal ^ | Adam Stern

Posted on 03/30/2025 4:36:25 AM PDT by AT7Saluki

Lionel Racing, NASCAR’s die-cast collectible car licensee, is implementing a surcharge to its customers related to the U.S.’s recently implemented tariffs on China, an example of the policy trickling down to impact the sports industry. ...

On Thursday, the company sent out notes to both retail customers as well as its wholesale business partners about implementing a new tariff surcharge as a result of the new 20% tariffs on all imports from China, which is the toy industry’s largest manufacturing hub in the world.

(Excerpt) Read more at sportsbusinessjournal.com ...


TOPICS:
KEYWORDS: car; lionel; tariffs; toys
Not content with merely raising prices to cover costs, toy company has to make a statement. How's that been working out?
1 posted on 03/30/2025 4:36:25 AM PDT by AT7Saluki
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To: AT7Saluki

cutting off their nose to spite their face


2 posted on 03/30/2025 4:45:36 AM PDT by onona
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To: AT7Saluki

And there is the issue. All their shit comes from China. Boohoo


3 posted on 03/30/2025 4:48:10 AM PDT by blitz128
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To: AT7Saluki

These “Toys” cost $80.00 to $130.00 dollars now. I wont be buying any of them.


4 posted on 03/30/2025 5:01:14 AM PDT by Retgearjammer
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To: AT7Saluki
The toy industry switched to mainland Chinese production after places like Mexico and Taiwan were not profitable enough, the old Macao and Hong Kong "independent protectorates" being the fig-leaf gateways that lulled people into thinking it was all benign.

There has been a recent trend to having diecast toys made in Indonesia... but in factories set up and run by the - wait for it - Chinese. "Outsourcing the outsourcing," so to speak.

5 posted on 03/30/2025 5:02:12 AM PDT by niteowl77
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To: Retgearjammer

“These ‘Toys’ cost $80.00 to $130.00 dollars now.”

They could be made in the USA for far less than that.

It’s time to look for a factory site in the USA.


6 posted on 03/30/2025 5:14:18 AM PDT by Brian Griffin
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To: AT7Saluki

So they are jacking up the prices on pre-tariff goods they have in warehouses and containers in the US?


7 posted on 03/30/2025 5:31:36 AM PDT by PAR35
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To: Brian Griffin
“These ‘Toys’ cost $80.00 to $130.00 dollars now.”The cost to ship them is probably more than the cost of manufacturing; even with the licensing fees there's probably a huge profit margin on each toy.

If it's cheaper to make them there than here, the tariffs aren't high enough.

8 posted on 03/30/2025 5:36:21 AM PDT by PAR35
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To: AT7Saluki

the ones I foolishly gave away to the kids to “play with” years ago were made in the USA. when they were turned into a box of tiny car parts we threw them out. they weren’t collectables then. never ever bought the junk made somewhere else.


9 posted on 03/30/2025 5:37:11 AM PDT by Qwapisking ("The left will rue the day they cheated Trump out of the 2020 election forever" L.Star )
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To: AT7Saluki

Maggots took over the toy company of my youth. Now they’re a far-left political crapshoot.


10 posted on 03/30/2025 7:00:09 AM PDT by FlingWingFlyer (Weaponized, bureaucratic "judges" like Boasberg have got to go. They aren't elected to anything.)
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To: niteowl77
Too many people fail to understand some very important truths. It has never been the manufacturers who jack up the prices of goods. This is done at the retail outlets like Walmart, Sears, and so on. They sell product at 1000% markup, and continue to demand lower prices from manufacturing. I know this through direct experience at two manufacturers:

Way back in 1976 I went to a Singer Sewing Machine plant in Pickens, South Carolina to babysit a telephone system manufactured by my employer. That factory was making power hand tools for Sears. The comptroller of Singer took me on a factory tour. I spotted a router I owned, and said so to my guide. He asked me how much I paid for it. When I told him I paid $72.00 for it, he exclaimed "Wow! 1000% markup! We sell that to Sears for $7.28". This was long before the massive outsourcing to China.

Around 1996 I was working for a company that made credit card scanners for use with cash registers. Our company had to remove filter capacitors and use poor quality parts in those devices in order to have some profit with each sale. We were supplying them to Walmart, where they dictated their purchase price without regard to the actual manufacturing cost to my company. We made about $1.20 on each unit. We dropped that product, let a French company get screwed instead.

The retail stores earn well above usurious profit levels, every one of them.

11 posted on 03/30/2025 7:40:24 AM PDT by GingisK
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To: AT7Saluki

Make them Chinese kids pay top dollar for US made toys. They’re the best!


12 posted on 03/30/2025 7:49:49 AM PDT by Delta 21 (If anyone is treasonous, it is those who call me such.)
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To: Brian Griffin
It’s time to look for a factory site in the USA.

Exactly the point. Lionel, those who have ears let them hear.

13 posted on 03/30/2025 8:07:47 AM PDT by Ahithophel (Communication is an art form susceptible to sudden technical failure)
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The world keeps spinning round & round. What goes up must
come down. Change is ever occurring and adaption keeps its
part of the cycle. In a few years into the future humans will
be taking pills/shots for daily nutrition. Living in outer space
circling the globe will be the normal procedure.


14 posted on 03/30/2025 8:59:39 AM PDT by deport
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