Mattel and Hasbro Want Tariff-Free Toys—But They Could Benefit From Tariffs, Too
1. Hasbro and Mattel oppose tariffs impacting the toy industry significantly. 2. J.P. Morgan suggests they may gain market share from competitors. 3. Over 80% of U.S. toys come from China, subject to steep tariffs. 4. Hasbro aims to reduce dependence on China manufacturing under 40% by 2026. 5. Potential price increases and supply issues could affect holiday sales.