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India Wanted to Become The World’s Toymaker. Then Tariffs Happened | Big Take

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December 9, 2025

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The US tariff war with China sent American companies scrambling to find alternative manufacturing hubs. India looked promising until the White House upended everything.

On today’s Big Take Asia podcast, K. Oanh Ha heads to India, where she goes inside two toy factories scrambling to adapt to Washington’s shifting trade policies. How sky-high tariffs are undercutting India’s ambitions to take China’s crown as the world’s factory floor and forcing American manufacturers to make a tough choice.

Read moreCutting Ties With China Is Harder Than Companies Expected ()

Further listeningThe American Toymaker Suing Trump Over Destructive Tariffs ()

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India Wanted to Become The World’s Toymaker. Then Tariffs Happened

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The USWhite HouseBig Take AsiaK Oanh HaThe Big TakeBloomberg NewsBloomberg Podcasts ListenFollow Bloomberg Podcasts

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