Today, Explained · Vox

A toymaker who got tariffed

February 25, 2026·27 min·2 clips
Learning Resources paid over $10 million in tariffs, facing 145% rates that threatened to double toy prices.
This episode explores the Supreme Court's ruling against Trump's tariffs through the story of Learning Resources, a toy company that sued and won. It examines the tariffs' impact on small businesses, why manufacturing in the U.S. isn't feasible for toys, and broader economic lessons on why the tariffs didn't cause a recession despite predictions.
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