President Trump made the comment while speaking to reporters at the White House. Mattel (MAT) and Hasbro (HAS) could be impacted by tariffs on toys imported into the U.S.
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Read More on MAT:
- Mattel Inc. Earnings Call Highlights Mixed Sentiment
- Mattel price target raised to $17 from $16 at Morgan Stanley
- Mattel price target raised to $22 from $19 at Citi
- Mattel’s Strong Financial Outlook and Strategic Initiatives Justify Buy Rating
- Mattel Advocates “Zero Tariffs on Toys” Amid Plans for Price Hikes