The Tariff Effect: Why are the shopping bills rising? – The Trade War Impact

Toy giant Mattel, known for Barbie dolls and Hot Wheels, is also feeling the pressure. With 40% of its products made in China, the company said it will raise prices “where necessary” to offset tariff costs. It has already begun shifting production, moving 500 items this year to new suppliers outside China, up from 280 last year.