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Mattel and Ford Suspend Financial Forecasts Amid Uncertain Tariff Climate

Mattel and Ford have suspended their financial forecasts due to the unpredictable impact of tariffs, affecting their pricing strategies and stock performance.


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Mattel Inc. and Ford have suspended their financial forecasts amid uncertainty from President Trump's tariffs, which have made it difficult to predict consumer spending and impacted pricing strategies. Mattel plans to increase U.S. toy prices in response to estimated tariff costs of $270 million, while Ford warned of significant financial impacts from tariffs on imports, particularly vehicles manufactured in Mexico. Both companies are navigating an unpredictable macroeconomic environment and addressing the impact on consumer demand. Their stock performances have also reflected the ongoing volatility, with Mattel shares down approximately 25% since February.

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Barbie maker raises prices due to Trump tariffs as Ford warns of $1.5bn cost
The GuardianThe Guardian·1M·
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"…The US and China have hiked tariffs on each other’s goods to more than 100% since Trump took office earlier this year, in a full-on trade war between the world’s two biggest economies that has upended global supply chains."

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Mattel and Ford Suspend Financial Forecasts Amid Uncertain Tariff Climate - Pano News