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Posted: 2025-05-06 18:41:30 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-06 18:41:47 UTC
Verified By
Rollup News
Mattel CEO Ynon Kreiz refuted Trump's tariff argument, stating that tariffs won't bring manufacturing back to the US, as efficient production in other countries allows for affordable, quality products while design and development remain in America.
Tariffs will not bring manufacturing back to America.
Efficient production in other countries is crucial for maintaining affordable prices.
Design and development of toys remain in America.
Free and open trade is important for American companies.
The misconception that tariffs will bring manufacturing back to the US.
Balancing manufacturing costs with the need for affordable products.