Mattel says Barbies and Hot Wheels could soon get more expensive under Trump's tariffs
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Mattel is considering raising prices for its products, including Barbie and Hot Wheels, due to new tariffs imposed by President Trump on China. The company sources about 40% of its goods from China, which are now subject to a 10% tariff.
February 05, 2025 | 3:15 pm
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Mattel is considering price increases for its products due to new tariffs on Chinese imports. With 40% of its goods sourced from China, the 10% tariff could lead to higher costs and potential price adjustments.
The new tariffs on Chinese imports directly impact Mattel, as 40% of its products are sourced from China. This could lead to increased costs and potential price hikes, negatively affecting consumer demand and short-term stock performance.
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