The U.S. And China have agreed to reduce tariffs on $60 billion worth of goods, including toys, which could provide relief to the struggling toy industry ahead of the holiday season. The agreement, announced by both nations, aims to ease the financial burden on manufacturers and retailers as demand for toys rises. The toy sector has faced significant challenges due to ongoing trade tensions and high import costs. With the holiday shopping season approaching, the potential tariff reduction could offer a much-needed reprieve. Industry experts suggest the move may help stabilize supply chains and improve profit margins for companies reliant on international trade.