Jay Foreman

Jay Foreman

businessman United States

Jay Foreman is the CEO of Basic Fun Inc., a toy design and distribution company based in Florida. He has recently felt the impact of increased tariffs on imports from China, which have forced him to absorb significant costs that threaten his company's profit margins.

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Recent Mentions

United States United States: Jay Foreman, a toy company executive, froze all shipments from China to avoid paying President Trump’s crippling 145 percent tariff. 7

The New York Times: Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?

Vietnam Vietnam: Jay Foreman, CEO of the toy manufacturing company Care Bears, stated that the entire supply chain is based in China. 4

VnExpress – leading Vietnamese online newspaper, est. 2001: Đòn thuế đe dọa ngành sản xuất đồ chơi của Mỹ

United Kingdom United Kingdom: US businessman Jay Foreman, whose toy company Basic Fun! is known for classics such as Tonka Trucks and Care Bears, is halting shipments to the US. 4

BBC: Trump's tariffs are a blow for Vietnam's economic ambitions

United Kingdom United Kingdom: US businessman Jay Foreman, whose toy company Basic Fun! is known for classics such as Tonka Trucks and Care Bears, the vast majority of which are made in China. 5

BBC: As Trump hikes tariffs, nervous businesses weigh what comes next