Story perspectives
Mattel Considers Price Hikes Amid Tariff Threats
2/5/2025
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Story summary
- Mattel Inc. is considering price increases for Barbie and Hot Wheels in response to President Trump's 10% tariffs on Chinese imports.
- Approximately 40% of Mattel's products are sourced from China.
- CEO Ynon Kreiz emphasized enhancing supply chain efficiency before implementing any price hikes.
- Consumer and business groups caution that tariffs may disrupt supply chains and lead to higher prices.
