Mattel CEO says toy manufacturing won't come to America, but price hikes will

cnbc.com/2025/05/06/mattel-ceo-toy-manufacturing-trump-tariffs.html

One of the goals of President Donald Trump's 145% tariffs against China is to drive manufacturing back to America. But the odds of that are low, at least when it comes to toys.
"We don't see that happening," Mattel CEO Ynon Kreiz said on CNBC's "Squawk Box" Tuesday, less than a day after…

This story appeared on cnbc.com, 2025-05-06 13:22:29.
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