Mattel considers raising prices on toys to mitigate tariff impact

Mattel is looking at potentially upping toy prices as part of its efforts to mitigate President Donald Trump’s tariffs on imports from China, Mexico and Canada. 

Over the past weekend, the president signed executive orders seeking to bring a 10% levy on imports from China and a 25% tariff on imports from Mexico and Canada. 

The tariff against China went into effect on Tuesday; however, the Trump administration paused the levies against America’s northern and southern neighbors for one month after Canada and Mexico both agreed to take steps to heighten enforcement on their borders with the U.S. 

WHAT’S HAPPENING WITH TRUMP’S TARIFFS ON CHINA, CANADA AND MEXICO?

Leaders at Mattel said Tuesday that “leveraging the strength of our…

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