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Trump threatens Mattel with 100% tariffs as doll fallout escalates: ‘He won’t sell one toy in the US’
President Donald Trump threatened to impose 100 percent tariffs on toy-maker Mattel after the company said it would diversify its production to other countries, but not the United States. Sitting in ...
While it is true that Trump referred to Mattel as a country, he quickly said "his toys" — referring to Mattel CEO Ynon Kreiz — would have to bear 100% duties, indicating he understood Mattel made toys ...
Ynon Kreiz, the chief executive of Mattel, believes consumers squeezed by tariffs and inflation will cut back on other things ...
President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies — ...
The toy giant, which manufactures about 40% of its toys in China and less than 10% in Mexico, told analysts it will look to move around its supply chain to mitigate the effect of tariffs, but it is ...
Toy company Mattel Inc (NASDAQ:MAT) beat analyst estimates for first-quarter revenue and earnings per share Monday. Attention now turns to the impact of President Donald Trump’s tariffs, with the ...
Mattel is set to raise prices on its toys related to tariffs enforced by President Donald Trump. The company plans to move products from manufacturers in China to other countries to lower costs. The ...
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