Trump Cuts UK Auto Tariffs, Raises Toy Prices With China Trade Move

Trump Cuts Uk Auto Tariffs, Raises Toy Prices With China Trade Move

Buckle up — President Trump just gave British luxury cars a red carpet rollout while sending Barbie’s Dreamhouse straight into a price hike nightmare.

In a trade plot twist straight out of a political soap opera, Trump inked a flashy new deal with the UK this week, cutting tariffs on British steel, aluminum, and yes — ultra-luxury rides like Rolls-Royce and Aston Martin.

Cue the champagne and engine roars.

Shares of both carmakers surged like a Fast & Furious sequel — with Aston Martin and Rolls-Royce seeing major stock jumps after the announcement, according to The Guardian. British auto execs practically toasted the news with tea and torque.

Meanwhile, over in toyland, it’s not so dreamy.

The Trump administration slapped a jaw-dropping 145% tariff on Chinese imports, and Mattel isn’t thrilled. The Barbie maker warned, per Business Insider, that prices on toys could rise. That means Barbie’s convertible might cost more than your first car.

And Trump? He’s standing firm.

“Maybe we don’t need so many toys,” he reportedly said, paraphrased in The New Yorker, brushing off concerns from parents and retailers alike.

It’s a tale of two tariffs: luxury toys for grownups get a break, while plastic dolls for kids get pricier. That’s not exactly a fair trade — unless you’re driving a Phantom and not pushing a stroller.

Still, there might be a little relief ahead. According to New York Post, the administration is eyeing a big rollback, possibly cutting those monster tariffs on Chinese goods down to around 50% as early as next week.

For now, Barbie better start budgeting.