News

“Buy American” has long been a patriotic motto, going back to the Buy American Act of 1933, which directed the federal government to give preference to domestic goods.
That, at least, seems to have come to fruition. Mattel, the toy manufacturing giant and maker of Barbie, plans to raise prices on American toys due to tariffs, it said Monday in its earnings report.
Mattel’s MAT2.78%increase; green up pointing triangle CEO said the company was moving more of its production out of China, lobbying the Trump administration to exempt toys from tariffs and ...
With US President Donald Trump warning that American children might have to make do with fewer dolls as the result of his tariffs on Chinese imports, interest in toys was muted during the third ...
J. Conrad Williams, Jr. / Newsday RM via Getty Images Mattel, the company behind Hot Wheels, and Hasbro, which sells Play-Doh and Monopoly, have backed the Toy Association's campaign to exclude ...
NEW YORK (AP) — Mattel Inc., the maker of Barbie dolls, Hot Wheels cars and other popular toys, said Monday that it would have to raise prices for some products sold in the U.S. “where ...