Toymaker says China's tariff probation means "a Christmas will come this year"

Small business owner David Mauro wants US and China to reach a deal Temporarily reduce tariffs This means there will be toys this holiday Christmas.

He told CBS News that the 145% tariff on Chinese imports has caused serious trouble for his company, Jesusdoll.com. But, as these levies are now down to 30% in 90 days, Mauro said: "For us, that means there will be a Christmas this year."

According to Toy Association Group, 80% of toys sold in the United States are made in China.

Under the truce announced this weekend, China will impose a 10% tariff on goods made in the United States, less than 125%.

Christmas is Jesusdoll.com's biggest retail season, and Mauro is worried about the in stock of products to be sold to U.S. customers this year. With high tariffs, he suspended freight from China and had troubled containers of goods overseas.

"We make Christian toys and Christmas is a big season for us. So we will be able to have products for Christmas this year, which is huge for us, which is huge for our retailers who do not have any products at all."

Mauro said that although the 30% tariff on Chinese imports remains "painful", he will at least not be banned from doing business. He is importing dolls worth about $100,000, which he hopes will arrive in 90 days, during which the tariff rate is planned to be lowered.

"We're here to lift it...we should have done that 90 days ago," he said. Increased uncertainty It is difficult to plan around US trade policy.

"It can change over a dime, we've seen it," Mauro said.

If U.S. tariffs on China remain in effect, Mauro's plan is to ship toy stocks to Canada, the United Kingdom and Australia to avoid paying steep taxes.

"Based on the uncertainty of the situation alone, we bring it back here so that we can provide products for the domestic market," Mauro said. "Assuming these numbers stick to it, we will be able to afford it. Before, we couldn't. We were really locked up."

Megan Cerullo