Toddler in shade clutching new toy (4,3)
I believe the answer is:
tiny tot
'toddler' is the definition.
(I've seen this in another clue)
'shade clutching new toy' is the wordplay.
'shade' becomes 'tint' (synonyms).
'clutching' is an insertion indicator.
'new' is an anagram indicator.
'toy' anagrammed gives 'yto'.
'tint' placed around 'yto' is 'TINY TOT'.
'in' is the link.
(Other definitions for tiny tot that I've seen before include "baby" , "Small child" , "Very young child" .)