Mattel says Barbies and Hot Wheels could soon get more expensive under Trump's tariffs

Group 1 - Mattel is considering raising prices on toys like Barbie and Hot Wheels due to new tariffs imposed by President Trump [1][2] - Approximately 40% of Mattel's toys are manufactured in China, with less than 10% produced in Mexico [2] - The company is exploring supply chain adjustments and potential price increases as mitigating actions against the tariffs [2] Group 2 - A 10% tariff on Chinese goods was recently imposed, while planned 25% duties on imports from Mexico and Canada have been paused for 30 days [3] - Economists predict that these tariffs will likely result in price increases for consumers [3] - The imposition of tariffs on Mexico and Canada remains uncertain, as Trump may use them as a negotiation tactic [3]