Trump threatens Mattel with 100% tariffs as doll fallout escalates

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Trump threatens Mattel with 100% tariffs as doll fallout escalates

President Donald Trump threatened to impose 100 percent tariffs on toy-maker Mattel after the company said it would diversify its production to other countries, but not the United States.Sitting in the Oval Office Thursday, Trump indicated he was not afraid to punish Mattel, the creator of Barbie, Hot Wheels, Uno, American Girl and more, for refusing to move its production in the U.S. – the ultimate goal of Trump’s tariffs.It was in response to Ynon Kreiz, the chairman and CEO of Mattel, telling CNBC on Tuesday that it was unlikely the company would move production into the U.S as a ..