US tariff cuts on Chinese toys
The US and China named the goods on which each will cut tariffs, and toys and games made in China are among the largest on the US list. Hasbro makes many of its toys in China, so lower tariffs cut its costs more than those of other consumer companies.
What changed
We raised our expected return for Hasbro against the rest of the consumer discretionary sector.
| Symbol | Without it | With it | Change |
|---|---|---|---|
| HasbroHAS | 7.14% | 7.76% | +0.63pp |
Each stock as it stands now, and without this story. Figures are annual expected returns (arithmetic means). They are not a forecast or a promise.