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Mattel may hike Barbie and Hot Wheels prices
Mattel says Barbies and Hot Wheels could soon get more expensive under Trump's tariffs
Toymaker Mattel said it is considering raising prices in response to President Donald Trump's new tariffs on China and potential duties on Mexico and Canada. The toy giant behind popular brands such as Barbie and Hot Wheels sources about 40% of its goods from China,
Mattel says Trump tariffs might affect cost of Barbie, Hot Wheels
The cost might rise for Barbie dolls, Hot Wheels cars and other Mattel products due to the Trump administration's handling of tariffs on goods produced in China, Mexico and Canada.
Mattel may hike prices for Barbie, Hot Wheels and other toys after Trump tariffs
Mattel executive says it may have to charge consumers more for its toys because of higher tariff costs on imports from China.
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