Mattel says Barbies and Hot Wheels could soon get more expensive under Trump's tariffs
1. Mattel plans to raise prices due to new Chinese tariffs. 2. About 40% of Mattel's toys are manufactured in China. 3. Executives aim to leverage supply chains to mitigate tariff impacts. 4. Tariffs may lead to significant price increases for consumers. 5. By 2027, Mattel aims to reduce reliance on China and Mexico.