Game shares collect after lowering fees

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Mattel, HASBRO and others are seen at the Macey Store in New York.

Employees Reuters

The shares of the main gaming makers rose on Monday yet The United States has agreed to temporarily reduce the definitions of China.

The agreement will stop most of the customs tariffs and other commercial barriers for a period of 90 days, including reduction of President Donald Trump by 145 % on Chinese imports to 30 %.

shares Mattel More than 10 % jumped, Hasbro 6.5 % was traded, Jack More than 15 % rose and Funko 46.4 % increased.

The HASBRO Rally pushed its trading level from early April, before Trump first declared “mutual definitions” to dozens of commercial partners. The rest of the games shares are still trading without the closing prices on April 1.

The shares were heated by Wall Street, where investors expected hoarse manufacture High prices The result of the tariff scheme. Games industry It relies heavily on supply chains in China, He left game makers at the mercy of commercial policy. Bank of America estimates the source of both Mattel and Hasbro about 40 % of their American product from China.

Last month, Hasbro estimated that he would witness more than a He hit $ 300 million to the final result If Trump holds 145 % of Chinese duty.

Mattel also warned last week that taking measures to completely compensate for the commercial war with China, Including raising prices in the United States

The two companies have previously issued a 25 % tariff at Chinese imports. Mattel fell from its guidelines earlier this month, noting the overeating of the macroeconomic economy and the uncertainty surrounding the American definitions. Meanwhile, Hasbro maintained the instructions of the entire year it issued in the last quarter, but warned investors against uncertainty in the current tariff environment.

Hasbro, Matel, Gakes and Vanco representatives immediately did not respond to CNBC’s request for comment.

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