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Mattel says Trump tariffs might affect cost of Barbie, Hot Wheels

  • Mattel executives stated that new tariffs imposed by President Donald Trump could lead to higher prices for toys like Barbie and Hot Wheels.
  • The toy industry sources about 80% of its goods from the region affected by the tariffs, which could significantly impact costs.
  • Mattel is considering various actions, including leveraging supply chains and potential price increases, to mitigate the effects of the tariffs.
  • DiSilvestro emphasized that Mattel officials always consider consumers when changing prices and collaborate with retail partners to maintain balance.
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Bias Distribution

  • 36% of the sources lean Left, 36% of the sources are Center
36% Center
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Globo broke the news in Brazil on Tuesday, February 4, 2025.
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