Toy manufacturer Wah Shing may move production from China to Vietnam or India “where there is a great labour supply” should the U.S. apply tariffs to Chinese exports in 2019. There’s a low likelihood at this stage of tariffs on toys arriving given U.S.-China trade talks are ongoing until March and given the political optics of applying tariffs to toys. The bigger issue is a waning market for toys in the U.S., shown by seaborne imports which rose by just 2.1% on a year earlier in 2018. Wah Shing did better with an 11.1% rise though its shipments were half its 2016 levels. A move to lower ...