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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.