Mattel to hike prices on Barbie, Hot Wheels, other toys to offset Trump tariff costs

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 US “where necessary” to offset higher costs related to President Trump’s tariffs. The El Segundo, California-based company said the increases are necessary even though it is speeding up […]