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U.S.-China Trade Deal Would Spare Tariffs on Holiday Toys and Games

  • The U.S. had planned new penalties on consumer goods Dec. 15
  • Hasbro, Walmart and Apple would have been hit by new duties
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"Don’t expect too much from the actual text of the deal," says Eurasia Group President Ian Bremmer.(Source: Bloomberg)

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A possible truce in the U.S.-China trade war would offer a pre-holidays reprieve to companies like Apple Inc., Walmart Inc. and Hasbro Inc. that had been at risk of new tariffs on about $160 billion of Chinese-made consumer goods.