Mattel and Hasbro stocks notch new lows after Trump's China tariff escalation
1. Hasbro shares fell to a 52-week low of $49. 2. Trump's tariffs put pressure on the toy industry's profit margins. 3. Around 40% of Hasbro's products are sourced from China. 4. Toy companies may raise consumer prices to offset tariffs. 5. The back-to-school season will coincide with expected price hikes.