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The Independent UK

National

Anne d'Innocenzio

Toy giant issues warning over price increase thanks to Trump’s tariffs

Mattel Donald Trump Mattel, Inc.

President Donald Trump at Christmas - (AFP/Getty)

Mattel, the toy giant behind iconic brands like Barbie and Hot Wheels, announced on Monday that it will be raising prices on some of its U.S. products to counter the impact of President Trump's tariffs on Chinese goods.

The company cited rising costs associated with Trump’s tariffs as the primary driver behind the price hikes.

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