An American Toymaker Struggles to Break Up With China

一位美国玩具制造商努力与中国分手

Big Take Asia

2025-10-29

29 分钟
PDF

单集简介 ...

The US-China tariff war has upended global manufacturing, forcing companies like Chicago-based Learning Resources to fundamentally change how and where its products are made. On today’s Big Take Asia podcast, K. Oanh Ha heads to Vietnam, where the toymaker has begun shifting the production of its popular children’s toys. We examine how the company is managing its complex shift from China – where its toys have been made for decades – what the factory boom means for communities on the ground in Vietnam and how all of this will impact consumers. Further listening: The American Toymaker Suing Trump Over Destructive TariffsXi’s Top Bargaining Chip Is a Trade War Game Changer See omnystudio.com/listener for privacy information.
更多

单集文稿 ...

  • Bloomberg Audio Studios. Podcasts, Radio, News.

  • On a summer morning, a group of us, Americans, Chinese, and Vietnamese are packed in a van.

  • We're moving fast on a brand new highway that slices through Vietnam's Red River Delta.

  • We're on our way to a toy factory.

  • But just a few hundred yards away from the factory gate, we've come to a dead halt, stymied by an unexpected obstacle.

  • Huge puddles.

  • The road leading to the factory gate is pockmarked with water-filled potholes as big as truck tires.

  • The only option is to get out and walk the last 100 yards.

  • It's barely 9 a.m. and it's already 90 degrees.

  • My travel companion is ready to face the heat.

  • It's hard to dress for these factory tours.

  • I've now just basically created an attire of a T-shirt and some sort of very lightweight pants.

  • I'm here with Alana Woldenberg Ruffman, Vice President of Marketing and Product Development for Learning Resources,

  • a family-run toy company just outside of Chicago.

  • She's a mechanical engineer by training and helps run the family business alongside her dad, CEO Rick Woldenberg, and her two brothers.

  • Some of my earliest memories with toys would be the Learning Resources cash register or the pretend phone,

  • which is a little dated at this point.

  • You need the pretend iPhone.

  • The company traces its roots back more than a century ago to Alana's great-grandfather.

  • These days, if you have young kids, there's a chance you know their products.