Mattel and Hasbro stocks notch new lows after Trump's China tariff escalation

Group 1 - Toy giants Mattel and Hasbro have experienced significant stock declines due to President Trump's intensified trade war with China, with Mattel shares hitting a 52-week intraday low of $13.95, down 27$49, representing a decline of more than 20% in the same timeframe [1] - The toy industry is heavily dependent on supply chains in China, making companies vulnerable to changes in trade policy [2] Group 2 - Bank of America estimates that both Mattel and Hasbro source approximately 40% of their U.S. products from China [2]