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From Lincoln Logs to luggage, U.S.-China trade deal still leaves huge cloud over American business

Classic toys such as Lincoln Logs and My Little Pony bring children smiles every holiday season. But for the company that makes them, Florida-based Basic Fun! Toys, President Trump’s trade war with China promised to make this December a decidedly less joyful time.

The company’s president and chief executive, Jay Foreman, had to lay off a dozen workers recently, in part on fears that another round of China tariffs would take effect Sunday and hit his business hard.

Foreman won a reprieve Friday when Trump canceled those tariffs and announced the details of a “phase one” China trade deal that would ease economic hostilities. But he’s not breathing a full sigh of relief amid anxiety that the truce with China could prove fleeting.

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