Hasbro's CEO says tariffs could hit the toy industry as hard as the 2008 recession

Source: Business Insider

Hasbro's CEO said that tariffs could hit consumer spending on games as hard as the 2008 recession. Brandon Bell/Getty ImagesShoppers could pull back spending on toys due to tariffs, Hasbro's CEO said. The tariffs could have as severe an effect as the 2008 recession, Christian Cocks said.